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Jihadi group raises prices in Syria’s Idlib as war rages in Ukraine

While some believe the Russian war on Ukraine has upped prices in northwest Syria, others accuse Hayat Tahrir al-Sham of exploiting the crisis to make gains.
A street vendor displays pastries and bread, as Syrians buy food products at a market ahead of iftar, the evening meal that ends the daily fast at sunset, on the second day of the Islamic holy month of Ramadan, Ariha, Idlib province, Syria, April 15, 2021.

The bakeries and grains department of the Syrian Salvation Government affiliated with Hayat Tahrir al-Sham (HTS), in Syria’s northwestern province of Idlib, reduced March 5 the weight of a bundle of bread by 100 grams, down to 650 grams, pricing the eight loaves at 5 Turkish liras ($0.34).

The move follows a hike in the price of flour imported from Turkey in tandem with the rise in the global price of fuels in light of the Russian war on Ukraine. The price rise in Idlib also hit several imported items such as sugar, vegetable oils, ghee and grains. All this comes amid a plummeting exchange rate of the Turkish lira against the US dollar.

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