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The
Strategy Of GASC |
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General
Authority For Supply Commodities (GASC) activates the local and international
market |
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mechanism
in order to procure the strategic commodities needed by the state so as to
realize the |
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following
targets :- |
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1-Improvig
productivity and raising up the agricultural production efficiency. |
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2-Developing
marketing and promotional services. |
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3- Establishing strategic
governmental food stock. |
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4- Achieving structural
suitability within the state marketing system. |
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5- Creating
competitiveness, prohibiting monopoly and making the local market
balanced.
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The policy Of GASC |
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GASC is considered one of the
economic entities vested with the following tasks :- |
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1- Procuring
the supply commodities, within the framework of subsidy plan adopted by the
state, to meet |
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the needs of the broad strata of the limited income class of people. |
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2-Playing
its role to keep the local market balanced by the way of controlling the
quantity and price of |
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home trade, so as to
maintain food security and prevent monopoly practices. |
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3-
Supplying, whether
by importation or by local procurement, basic commodities decreed by the
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ministry of supply and internal trade
along with any other
commodity monopolized within the local market. |
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GASC, through the subsidies made available by the ministry of finance, spends a
lot of money on the |
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commodities
commissioned to secure. Subsidy sum is the difference between the cost of
product and |
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its
marketing price. |
Gasc News
