Prices of bread and bakery products will not rise

Prices of bread and bakery products will not rise

access_time2020-03-24 12:00:24

Georgia’s Minister of Agriculture Levan Davitashvili met with grain importers and bread producers.

The meeting focused on the bread price which could rise amid  shortage and  the lari’s large-scale collapse.

According to the Minister, in the current situation it is critically important to keep the price of bread as the basic product for a considerable part of the population.

“Grain stocks are constantly monitored. In the state of  emergency special emphasis is placed on this . I can say with full responsibility that bread prices will not hike and the country  will not face  problems with supplies, ”the Minister notes.


He also defined  9 basic food products that are planned to be transferred under state control - rice, pasta, sunflower oil, flour, sugar, grain, milk powder, buckwheat, and beans. The control mechanism will be laid down in the draft decree which is being developed  by the government.

“The Ministry is working on a bill to keep essential foodstuffs prices from rising which provides for price control until May 15. Apart from that, a mechanism is developed for subsidizing the difference in the exchange rate which causes price hikes, ”the Minister points out.

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