‘Strategic stock of basic foodstuff sufficient for 2 months’

AMMAN — Minister of Industry, Trade and Supply Maha Al Ali on Thursday said that the strategic stock of basic foodstuff is sufficient for at least two months, stressing that the private sector shall maintain price stability in the market.

She also highlighted that a set of decisions were made to prevent the exports of basic food items to give priority to the local market, the Jordan News Agency, Petra, reported.

The Cabinet’s recent procedures to limit the rise in the prices of basic commodities in the local market were made following a series of meetings with the ministries of industry and transport.

The procedures resulted in establishing upper limits for the cost of sea freight for the purpose of calculating taxes and customs fees through 2021. This measure will be reflected on the final price of the consumer product, Petra said.