Trade and Planning Ministries address price stability and monitor over a thousand commodities

The Iraqi Ministries of Commerce and Planning have launched comprehensive regulatory measures to control food prices in the markets and combat monopoly and speculation attempts. Over a thousand commodities have had their prices stabilized, and a digital system has been activated to electronically track goods from their entry into the country until they reach consumers. The ministry confirmed that its regulatory teams have observed a clear commitment to lowering the prices of basic necessities, with significant decreases recorded as a result of the stabilization measures and continuous monitoring, along with strict actions against hoarders. Additionally, the Ministry of Planning has developed a plan to enhance electronic monitoring of non-food goods to help protect consumers and ensure product quality, with particular attention to testing precious metals to prevent the circulation of non-compliant gold.

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