The Libyan Prime Minister, Fathi Bashagha, in his capacity as Minister of Economy and Trade appointed by the government, issued a decision to form a committee chaired by Jumaa Al-Raqass responsible for monitoring commodity prices in the local market.
The decision stipulates that the committee will monitor prices weekly, monthly, and annually, prepare indices of increases and decreases, compare them with prices of previous years, and analyze the reasons for the increase or decrease for each commodity separately.
Bashagha emphasized the importance of the committee presenting a detailed report every two weeks, explaining the reasons for price changes, and also mentioned the provision of a financial reward for the chairman and members of the committee.
