AFGHANISTAN

Food and oil prices fall in Afghanistan: IEA

The officials of the Islamic Emirate of Afghanistan (IEA) have recently said that the price of food items and oil has decreased by 30 percent in the country.
Mohammad Yunus Mohmand, deputy head of Afghanistan Chamber of Commerce and Investment (ACCI) has said that over the past month, the price of food items and oil have decreased by 30 percent, and in the near future the prices will decrease even more.
“The prices have decreased by 20 to 30 percent and will decline further,” said Mohmand.
Akhundzada Abdul Salam Jawad, a spokesman for the Ministry of Trade and Industry, also said that the ministry has taken more measures to control prices, but they want to import enough food and non-food items into the country.
“We assure the people that before the arrival of this winter season, we have plans to reduce the basic needs, and all commodities and raw materials, Inshallah will have a significant reduction,” said Salam Jawad.
At the same time, the officials of ACCI have further said that the decrease in food prices in the world has had a positive effect on food prices in Afghanistan.
However, the high level of poverty has caused the country’s residents to not be able to buy the materials they need, therefore, they call on the government to pay serious attention to the price of raw materials so that the rates do not rise again.
“Until yesterday, a can of oil was 1900 afghanis, today it has reached 1700 afghanis,” said a shopkeeper.
On the other hand, the price of oil products has also declined, and a number of sellers express hope that the price of oil and gas will decrease further.
“Previously, the price of diesel per liter was 100 afghanis, now it is 97 afghanis. Gasoline was 80 afghanis, now it is 78 afghanis,” said an oil seller.
This reduction in price of food items and oil come while recently the Ministry of Industry and Trade has signed a contract with Russia for the purchase of millions of tons of food and petroleum products, which according to experts, the prices will drop significantly when these products are imported.The post Food and oil prices fall in Afghanistan: IEA first appeared on Ariana News.

Source: Ariana News

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