Economic crises have brought the Libyans together, amid mounting complaints regarding the increase in the price of bread.
The rise is a result of the Central Bank’s change in the dinar exchange rate against the dollar (LYD4.48 against USD1).
The head of the Libyan Bakers’ Syndicate, Saeed Boukhreis, pointed out that the mill owners increased the price of flour from LYD155 dinars to LYD210 dinars per quintal, confirming that the CBL had not opened credits to import flour for eight months, which exacerbated the bread crisis.
Boukhreis noted that the syndicate sought in vain to persuade bakery owners not to rush and increase prices in the coming days until a solution is found with them and the competent ministries.
Libya had not witnessed any bread crisis during the rule of slain Libyan leader Moammar al-Gaddafi in which the 20 bread loaves were sold for LYD1.
In the past years, Libya has had two official exchange rates. The first is LYD1.40 against USD1 and is dedicated to government items. The second is LYD3.9 against USD1 and is allotted to commercial and personal goods.
The municipality in Tripoli warned bakeries within its administrative scope that it will follow up the implementation of regulations regarding prices and making bread, and threatened to take legal action against those who violate the rules.
Commenting on this, a Benghazi resident complained against the hike in prices amid a drop in wages.
Abdulkarim Almarajei said that crises are sharpening the economic pains for Libyans. This rage among Libyans will come to the surface through protests against the government of Abdullah al-Thani in case no steps were taken to tackle the situation, he warned.