Title: Storm Daniel in Libya: a disaster with economic consequences
Introduction :
Storm Daniel which hit Libya on the night of September 10 to 11 left indelible traces. With thousands dead, people still missing and significant material damage, this disaster also had a disastrous impact on the Libyan economy. In particular, the livestock sector has suffered heavy losses, endangering the country’s food security. In this article, we will examine the economic consequences of Storm Daniel in Libya and the challenges the country faces in recovering from this tragedy.
The livestock sector hit hard:
Storm Daniel caused devastating floods, washing away thousands of sheep, poultry and tons of seeds in the Djabal al Akhdar region. According to local officials, the livestock sector has lost 40% of its production, which seriously threatens the country’s food security. In fact, the loss of these resources is already reflected in an increase in the prices of livestock products.
Rising prices and impact on the population:
In the Hadaek district of Benghazi, residents are already complaining about rising food prices. Before the disaster, a kilogram of meat from livestock sold for 58 dinars, but today it is 65 dinars. This price difference is significant and weighs heavily on household budgets. Many other products such as eggs have also seen price increases, making access to healthy, affordable food even more difficult for many families.
Responsibility of traders:
Retailers are singled out by consumers for this price increase. Some are taking advantage of the crisis situation to increase their profit margins, which further worsens the economic situation of families. Municipal authorities try to control prices by setting limits, such as the maximum price of a box of 30 eggs at 16 dinars. However, some traders do not respect these rules and risk having their sales license revoked.
Conclusion :
Storm Daniel in Libya caused a real human catastrophe, but it also had significant economic repercussions. The livestock sector has suffered huge losses, endangering the country’s food security. Increases in the price of food products make the situation even more difficult for families already weakened by this crisis. It is crucial that authorities take strict measures to control prices and support economic sectors affected by the storm. Finally, international support is needed to help Libya recover from this tragedy and rebuild its economy.