The United Arab Emirates has announced that it has a six-month strategic stockpile of essential goods, amid the conflict in West Asia.
The country’s Ministry of Economy and Tourism said it has intensified its monitoring efforts at points of sale across markets nationwide to ensure price stability for goods and products and their availability in sufficient quantities to meet consumer needs, particularly considering the current increase in demand for essential consumer goods.
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In a statement released by the official news agency Wam, the ministry explained that monitoring and field inspections are carried out daily by specialised inspection teams.
“This comes as part of close coordination and cooperation with the economic development departments across the country, within a joint national monitoring team that is unifying efforts to prevent unjustified price increases and unsound commercial practices, while enhancing the continuous monitoring of markets across the UAE,” it said.
