Egypt: The Ministry of Supply and Internal Trade implements a plan to confront the rise in prices and Omicron in the new year
Egypt
Published Jan 17, 2022
Tridge summary
The Ministry of Supply and Internal Trade started implementing an urgent plan in coordination with 5 ministries, namely the Interior, Agriculture, Industry, Local Development, and Finance at the beginning of the new year. To counter any new attempts to raise prices globally, especially with the increase in infections and the spread of the Coronavirus or “Omicron”, which could affect the rates of supply and production of commodities, especially food.
Original content
The Ministry of Supply and Internal Trade started implementing an urgent plan in coordination with 5 ministries, namely the Interior, Agriculture, Industry, Local Development and Finance at the beginning of the new year. To counter any new attempts to raise prices globally, especially with the increase in infections and the spread of the Corona virus or “Omicron”, which could affect the rates of supply and production of commodities, especially food. The urgent plan aims to assist citizens in providing their needs of food commodities at reasonable prices commensurate with the income levels of all groups and segments. Fixed and mobile outlets and grocery stores to 40,000 consumer complexes, outlets and branches of the five food commodity companies affiliated with the Holding Company for Food Industries, which are the general and the Egyptian for wholesale trade and the Al-Ahram, Nile and Alexandria companies for consumer complexes, and work to stabilize prices for a safe period. In ...
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