The foreign currency allocated to the supply of essential goods in the current fiscal year (2021-22) isn’t commensurate with the estimated demand for these goods.
According to Mohammad Mehdi Nahavandi, a member of the Iranian Association of Livestock and Poultry Feed Importers, the sharp decrease in domestic production of livestock feed due to the unprecedented drought, along with a 30-40% increase in the global prices of animal feed, shows that resources earmarked for the supply won’t meet domestic demand.
“On the other hand, bureaucratic procedures needed to be completed for the supply of animal feed have coincided with the transition of government and all these have resulted in the relative shortage of animal feed. The persistence of the current situation portends the worsening of problems in the future,” he was quoted as saying by Fars News Agency.
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