The price of a package of bread rises regardless of the lifting of the subsidy (news)

The head of the Food Industries Union, speaking on behalf of the mill owners, Ahmed Hoteit, told Al-Akhbar newspaper that the availability of flour was contributing to the “decline” in the price of the package of bread, which “would inevitably increase with the increased wheat around the world about two months ago, “and noted that the price mechanism established by the Ministry of Economy At that time, decided to grant mills and kilns part of the donations, provided that the price per ton remains as it is, 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 said, in a call with the Al-Akhbar newspaper, that the price of bread is subject to various factors; Including the prices of yeast, oil and others, “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.