If the subsidy is increased … will the price of bread be maintained?

The ruling political authority was not satisfied with the devastation, famine and collapse that it had caused so far, but it continued to delay fulfilling its obligations to form an independent and specialized government to free the Lebanese people from their misfortunes.

So far, there is no guarantee that the price of a packet of Arabic bread will remain constant at the current level (2,000 pounds per 900 grams). Despite repeated assurances from the Ministry of Economy that the elimination of flour subsidies will not affect Arab bread, but will include those for other products (sweets, croissants and manakish), the variable price of the factors involved in bread making, such as yeast, oil, electricity, etc., it predicts an almost inevitable rise in the price of the package. No exceptional pricing mechanism has been adopted, as reported in today’s Al-Akhbar newspaper.
According to those familiar with the bread dossier, the price stability of the package is currently linked to the flour donations that Lebanon received in recent months, estimated at 22,000 tons. The availability of flour contributed to the preservation of the package of its price, which would inevitably rise with the rise of wheat worldwide about two months ago, according to the news, according to what the head of the Union of Food Industries, speaking on behalf of the Mill owners, Ahmed Hoteit, told the news, noting that the price mechanism established by the Economy Ministry was dictating at the time. Granting part of the donations to mills and ovens, as long as the price per ton remains the same, regardless of the rise in the price of wheat.
Although the information indicates that the 12,000 tons of Turkish flour that the World Food Organization gave as a gift to Lebanon have been used up as a result of the explosion in the port of Beirut on August 4, the director general of Grains and Sugar Beets of the Ministry of Economy, Grace Barbari, estimates that what remains of the Iraqi donation is half the amount that can last a month at most. Barbari added, in relation to the news, that the price of bread is subject to multiple factors; Including the prices of yeast, oil, etc., and when these prices change, the price of a package of bread will change.
According to this logic, the tendency to raise the price of a package of bread will be inevitable in light of an expected increase in these prices as a result of the worsening economic crisis, unless Lebanon receives more donations, according to Barbary.