State to spend 16 mln GEL on sugar, oil and pasta stocks

  • The Agriculture Ministry will buy 5,000 tonnes of sugar, 500 tonnes of pasta and 1.5 tonnes of sunflower oil. Photo: flickr.com.

Agenda.ge, 30 Mar 2020 - 13:49, Tbilisi,Georgia

Georgian Agriculture Ministry will spend 16 million GEL ($4.86 mln/€4.42 mln) to make sugar, oil and pasta stocks in the country due to the coronavirus outbreak.

The ministry will buy 5,000 tonnes of sugar, 500 tonnes of pasta and 1.5 tonnes of sunflower oil.

The government has also created a price restraint mechanism and negotiated with businesses to not increase prices for several products. For that, the government has allocated 10 million GEL ($3 mln/€2.76 mln).

Prices for rice, pasta, sunflower oil, flour, sugar, wheat, buckwheat, beans, milk powder and its products will not be changed. 

Around two weeks ago, Georgian Agriculture Minister Levan Davitashvili said that there is no risk of food shortages in Georgia due to the coronavirus.

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