The Ministry of Economy of the Unity Government announced the activation of a digital system to exercise oversight and regulate import priorities according to the specific needs determined by the ministry.
The ministry emphasized its determination to curb speculators and price manipulators, warning that it will revoke licenses and impose trade restrictions on violators.
The ministry stated that it will move in the next phase towards a digital market management system based on proactive oversight rather than post-facto treatment to ensure market stability.
Ministry of Economy
The Ministry of Economy is a government department responsible for formulating and implementing national economic policy. Its history is tied to the modern development of the state it serves, typically evolving from earlier finance or trade offices to address broader economic planning, industry, commerce, and competitiveness.
Unity Government
The Unity Government refers to a coalition government formed by multiple political parties, often in times of national crisis or political deadlock, to ensure stable governance. Historically, such governments have been established in various countries, like during wartime Britain or in contemporary systems like Israel and Lebanon, to bridge deep political divides and share power across party lines.
