Tunisia cracks down on food speculation to ensure market supply

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Tunisia cracks down on food speculation to ensure market supply

STORY: Tunisia cracks down on food speculation to ensure market supply DATELINE: March 16, 2022 LENGTH: 00:01:42 LOCATION: Tunis CATEGORY: ECONOMY SHOTLIST: 1. various of food confiscated by police 2. various of Tunisian President visiting a bakery in Tunis STORYLINE The Tunisian government has cracked down on the illegal hoarding of government-subsidized food while the food prices are rising rapidly in the international market. Tunisian police has cracked down on dozens of gangs that illegally benefited from hoarding and selling daily necessities such as sugar, flour and cooking oil. The government provides financial subsidies for basic daily necessities such as sugar, flour and the market prices are much lower than the cost. Some people conduct reselling or smuggling for profit, resulting in a shortage of market supply. Tunisian President Kais Saied on Monday visited a bakery in Tunis. During the visit, he stressed that the country has sufficient food stocks and it will crack down on speculation to en

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  • Xinhua / Kyodo News Images
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