The National Economy and the Food Trade Syndicate: Food Stock Will Not Increase

SadaNews - The Ministry of National Economy and the Food Trade Syndicate stated that the stock of basic goods in the Palestinian market, which meets the needs of citizens for a period ranging from three to six months, will not see any increases.

The syndicate said in a statement issued today, Thursday: "Despite the global rise in fuel prices due to the repercussions of the ongoing war, and given the exceptional circumstances in the Palestinian territories, we are keen to keep basic goods within their current prices, and any repercussions and updates will be studied in coordination with the Ministry of Economy."

The ministry praised the syndicate's and the commercial sector's commitment to this from the perspective of the higher national interest, and to consider our people's needs during this difficult time, emphasizing that partnership and collective efforts enhance the possibilities of mitigating the repercussions of the war impacting the economies of many countries.

It indicated that it has issued instructions to suppliers of basic goods to enhance food stocks, ensuring that the needs of citizens are met even in the worst-case scenarios, including the possibility of a complete halt in global supply chains.

The ministry confirmed that the crisis management plan focuses first on ensuring the availability of goods, maintaining fair and reasonable prices, alongside effectively managing food stocks in coordination with the private sector and relevant authorities, as well as intensifying its teams' efforts in regulating and organizing the market.

It emphasized that the current phase, in light of the war's repercussions and Israeli policies and procedures, has aggravated the economic situation, which is already experiencing a contraction due to the aggression against the Palestinian people, necessitating the collective efforts of all national entities to confront any potential repercussions.

The ministry expressed its appreciation for the existing partnership between the public and private sectors in facing crises and mitigating their effects, reaffirming the continuation of necessary measures to limit their impact on citizens.

It also urged citizens not to be swayed by rumors and the necessity of relying on official sources for information, and to report any violations through the "It Concerns Us" portal.