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PROTESTS

Protesters in Tripoli demand food price decrease after lira's gains against the US dollar

Protesters in Tripoli demand food price decrease after lira's gains against the US dollar

On Monday. Hani Bohsali, head of the food importers’ syndicate, said in a statement that “food importing companies have begun to introduce new prices in line with the lira-to-dollar exchange rate.” (Credit: A.-M. H.)

BEIRUT – Protesters staged  a sit-in at the entrance of Tripoli’s Serial, demanding that the Economy Minister “control foodstuffs stores because they did not reduce the prices of goods in conjunction with the decline in the lira-to-dollar exchange rate.”

Here’s what we know:

    • Food shop owners are “achieving huge illegal profits at the expense of citizens,” the state-run National News Agency quoted the protestors as saying. Tripolitans also asked for authorities to “oblige the private generator owners to install meters for subscribers and adhere to official pricing.”

    • From his part, Economy Minister Amin Salam denounced claims that the “Consumer Protection Directorate is incompetent, adding that such accusations are unacceptable in a press conference on Tuesday.

    • “Recovery begins with the Consumer Protection Directorate for its important role, entrusted with legislative reforms, and we refuse to say that the directorate is powerless,” he said.

    • On Monday, Hani Bohsali, head of the food importers’ syndicate, said in a statement that “food importing companies have begun to introduce new prices in line with the lira-to-dollar exchange rate.”

BEIRUT – Protesters staged  a sit-in at the entrance of Tripoli’s Serial, demanding that the Economy Minister “control foodstuffs stores because they did not reduce the prices of goods in conjunction with the decline in the lira-to-dollar exchange rate.”Here’s what we know:    • Food shop owners are “achieving huge illegal profits at the expense of citizens,” the...