Rafah Crossing 'never been closed for one day' from Egypt: PM    Egypt will keep pushing for Gaza peace, aid: PM    Remittances from Egyptians abroad surge 70% YoY in July–May: CBE    Sudan's ambassador to Egypt holds reconstruction talks on with Arab League    Egypt's current account gap narrows, but overall BoP records deficit    Al-Sisi urges accelerated oil, gas discoveries, lower import bill    SCZONE signs $52.6m textile industry deals during China investment tour    Egypt hosts international neurosurgery conference to drive medical innovation    Egypt's EDA discusses Johnson & Johnson's plans to expand investment in local pharmaceutical sector    I won't trade my identity to please market: Douzi    Sisi calls for boosting oil & gas investment to ease import burden    EGX to close Thursday for July 23 Revolution holiday    Egypt, Senegal sign pharma MoU to unify regulatory standards    Famine kills more Gaza children as Israel tightens siege amid global outrage    Kuwait's Crown Prince, Egyptian minister discuss strengthening cooperation    Egyptian Drug Authority discusses plans for joint pharmaceutical plant in Zambia    Egypt's FM seeks deeper economic, security ties on five-nation West Africa tour    Two militants killed in foiled plot to revive 'Hasm' operations: Interior ministry    Egypt, Somalia discuss closer environmental cooperation    Egypt foils terrorist plot, kills two militants linked to Hasm group    Giza Pyramids' interior lighting updated with new LED system    Egypt's EHA, Huawei discuss enhanced digital health    Foreign, housing ministers discuss Egypt's role in African development push    Korea Culture Week in Egypt to blend K-Pop with traditional arts    Egypt reveals heritage e-training portal    Three ancient rock-cut tombs discovered in Aswan    Sisi launches new support initiative for families of war, terrorism victims    Egypt expands e-ticketing to 110 heritage sites, adds self-service kiosks at Saqqara    Egypt's Irrigation Minister urges scientific cooperation to tackle water scarcity    Palm Hills Squash Open debuts with 48 international stars, $250,000 prize pool    Egypt's Democratic Generation Party Evaluates 84 Candidates Ahead of Parliamentary Vote    On Sport to broadcast Pan Arab Golf Championship for Juniors and Ladies in Egypt    Golf Festival in Cairo to mark Arab Golf Federation's 50th anniversary    Germany among EU's priciest labour markets – official data    Paris Olympic gold '24 medals hit record value    A minute of silence for Egyptian sports    Russia says it's in sync with US, China, Pakistan on Taliban    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



The Egyptian government's Sisyphean attempt to control prices
The government is keen on providing for the needs of Upper Egypt's neediest, says prime minister
Published in Daily News Egypt on 20 - 08 - 2016

The government must provide necessary commodities at reasonable prices, especially in Egypt's neediest areas, through the development of an integrated strategy to expand into more mobile and fixed food outlets to meet the citizen's needs, Prime Minister Sherif Ismail said during his meeting Saturday with the .
Ismail assured the importance of intensifying efforts to meet the sustainable development requirements of the neediest areas, especially in the Upper Egypt governorates, noting that the government is eager to provide everything necessary to improve the quality of services provided to them.
Although earlier this month President Abdel Fattah Al-Sisi said that there would be no increase in prices, this promise does not align with what is happening on local markets, which have witnessed a dramatic increase in the prices of fruits and vegetables, as well as beef and poultry.

However, Ismail instructed Upper Egypt governors to immediately provide lands required to establish more fixed outlets in Upper Egypt, in addition to increasing the Gameity project outlets to more than the 500 outlets currently available.
Moreover, Ismail directed the activation of contract farming to meet the local market's needs for staple crops and the expansion of the cultivation of corn, stressing the irreversibility of the decision to halt rice exports adopted by the cabinet.

The prime minister stressed the importance of maintaining the supply of goods to all outlets and Ministry of Supply grocery stores, and also to maintain that basic goods that are discharged to citizens for bread points, emphasising the need to tighten controls on the markets in order to adjust the prices.

The committee reviewed a comprehensive report on commodity stocks to confirm their availability for long periods of time, and discussed preparations for Eid Al-Adha and increasing the quantities of fresh and frozen meat available through fixed and mobile outlets.


Clic here to read the story from its source.