A quintal of flour has registered an increase of 65 dinars, the head of the Bakers Syndicate, Khurais Muhammad has confirmed.
He explained that prices on Saturday went up from 210 dinars for a quintal to 275 on Friday.
Wholesalers closed their stores in the face of this dramatic increase in flour prices, Khurais Muhammad said, noting that bakery owners have enough stocks for two or three days.
Libya's wheat reserves are sufficient for more than a year, says Minister of Economy Muhammad al-Hawij, amid global concern due to the Ukrainian crisis.
In a press statement, Al-Hawij denied that the Ukrainian crisis would impact the grain market in the country because it covers only 20% of Libya's wheat imports.
The Libyan Prime Minister, Abdul Hamid Dbeibah, instructed a number of deputy ministers of transportation, interior affairs, health and higher education, in addition to administrative and financial affairs bureau of the foreign ministry to speed up the evacuation of Libyans from Ukraine in coordination with the crisis committee of the foreign ministry.
The International Chamber of Commerce ruled that Libya has the right to purchase the UAE’s Trasta company's share in the Libyan Emirates Oil Refining Company (LERCO) after the Emirati company tried to hinder this purchase by filing a lawsuit.
The fourth wave of Covid-19 in Libya is ebbing, the Director of the National Centre for Disease Control, Haider Al-Sayeh, has confirmed, indicating that it was less damaging than the third wave.
The NCDC head lauded all who worked to confront the pandemic, saying they had a significant role in the receding of this wave.
"Some of them returned to work and ended their sit-in in response to the centre's call, but they are now waiting for their rewards and rights that we failed to pay."
