Tunisian Government Initiates Fixed Price Olive Oil Distribution to Counter Soaring Prices: A Step Towards Food Security

2023-12-16 02:05:55

The Ministries of Agriculture and Commerce had announced, several days ago, a fixed price for olive oil in the face of soaring prices. It is now done: 2 million tonnes of bottles of olive oil will be supplied to Tunisian supermarkets from December 15, sold at the fixed price of 15 dinars per liter, or 4.50 euros. A way to counter high prices in an already tense context of shortages of other food products.

Published on: 16/12/2023 – 03:05

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With our correspondent in Tunis, Lilia Blaise

In the capital’s supermarkets, Friday evening, the first bottles to arrive on the shelves were sold within a few hours since the morning. A good initiative in the context of the current crisis, according to Tarek, 33 years old and manager of a café. “ I heard regarding it on the radio, on social networks. But until now, I haven’t seen this product in stores. I hope that with these new measures, we will find solutions to provide as many products as possible on the Tunisian market. » Tarek says he is in any case ready to buy a liter at 15 dinars instead of 24-25.

Internationally, the price of virgin olive oil has increased. An advantage for exporters, but less for the local market which suffers from an unregulated price increase. Fadhel, a 52-year-old tourist guide, fears that these government measures will not change much. “ I welcome the initiative, but for me, it will not succeed in the long term. Because as usual, there may be people who take advantage of it to make a profit. For example, farmers or resellers who risk mixing and cutting this oil with less good oil to avoid losing money. Setting such a price also has a negative impact on olive oil producers. »

The commercial director of the National Olive Oil Office, Moez Ben Amor called on consumers to avoid the frenzy to obtain this oil at a preferential price. A frenzy already visible in stores in recent months due to the lack of milk, rationed to two packs per person and shortages of sugar and coffee.

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