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Libyans face rising bread costs

Libyans face rising bread costs

Libya is facing a severe bread shortage due to rising production costs, power outages, and an increase in fuel prices. This has led to the closure and shutdown of many bakeries. As a result, the price of bread has risen significantly over the past two weeks, with a piece now costing half a dinar compared to three pieces for one dinar previously. It has also become harder to obtain bread due to declining production and the closure of many bakeries. The costs of flour, electricity, and fuel are damaging producers, especially with the declining supply of diesel and its soaring prices, which have reached more than 7 dinars per liter in the parallel market. This has resulted in reduced production and financial losses for bakeries. Additionally, the rising prices of essential materials like flour, yeast, and oils are further complicating the crisis. Experts warn that if production costs continue to increase, more bakeries may have to shut down, jeopardizing the security and availability of bread for citizens. They are calling for government support and facilitation measures for the bakery sector to ensure its continuity.

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