20/06/2005
The rule for achieving price balance, i.e. guaranteeing that supply in markets is sold for real prices, can only be achieved by increasing supply over demand by a reasonable percentage. The Ministry of Supply and Domestic Trade can be assigned the task of monitoring prices and immediately increasing basic consumable goods by 10% over demand in markets. ( Available in Arabic )
The practical solution to the problem of price rise is to provide goods according to their priority, beginning with the highly demanded and then the less demanded ones. There were some experiments carried out by the military factories and the Arab Organization for Industrialization, which managed to produce a model of automatic bakery that met the production and energy-saving specifications to a great extent. This successful experiment has been a reasonable solution that could be generalized in middle and big cities. However, success stopped at this point and no further steps were taken to provide small-sized automatic bakeries fitting villages and districts. The result is that small areas have been deprived of the provision of this good. Linking such activities in the future with the small industries may be a way to solve the problem and achieve price balance.