Egypt’s supply ministry denies increasing prices of commodities in January
The Head of the Internal Trade Sector at the Ministry of Supply and Internal Trade Abdel Moneim Khalil denied rumors spread on social media about increasing the prices of supply commodities in January 2023, the Middle East News Agency (MENA) reported on December 24th.
In a phone call with Ala Masouliaty talk show, Khalil said that no directives were issued for increasing the prices of supply commodities next January.
The state is keen on supplying commodities and alleviating burdens on Egyptian citizens, he added.
The top official noted that Egypt has a sufficient strategic reserve of commodities, denying any shortage in commodities across the country.
A total of 64 million citizens benefit from ration cards, Khalil said, adding that President Abdel Fattah El-Sisi directed the provision of EGP 1 billion as exceptional support for the holders of ration cards.
Read also
MARKET SIGNALS TO WATCH, June 20 – 27, 2025
Export duty back on the table: Ukraine revisits 10% tariff on soy and rapeseed
Global Trade in Focus: What’s Ahead for Grains & Oils in 2025/26?
India’s palm oil imports jump 61% in June to hit 11-month high
Ukrainian farmers are approaching the harvest of the first million tons of grain o...
Got additional questions?
We will be happy to assist!
Write to us
Our manager will contact you soon