Trade Minister, Amara Benyounes: ” We are not responsible for controlling prices, bad weather behind the rise”
Amar Benyounes, Algeria's trade minister. Photo: copyright
Rise in prices due to the recent bad weather that prevented farmers from harvesting crops, which had direct impact on the prices’ rise, Trade Minister, Amara Ben Younes said.
“Prices will return to normal after the end of bad weather. Subsidized materials will not be affected by this rise, unlike other food products, which are controlled by the international market. Ministry’s role is limited only to controlling the quality and fighting against all law violations, relating to consumer protection. Therefore, it can not intervene in the issue of price control that is under the control of the market equation, which is also based on supply and demand.”
Trade Minister revealed, in a statement to the press, on the sidelines of the opening ceremony of parliament’s spring session, about the preparation of the National Observatory for controlling quality, as a national seminar is expected to be held on March 30, 31, to study everything that is related to domestic and foreign trade, in particular, where all Algerian experts and contractors are participating along Algerian companies, and the Association for Consumer Protection and the General Union of Algerian Traders, to check out the reality of trade in Algeria, in order to come up with recommendations to contribute to the improvement of performance that allows the creation of the National Observatory for quality control, which will give a stronger impetus to the domestic and foreign trade.