Egypt's Ministry of Supply and Internal Trade has stated that there will be no increase in the prices of tourist bread. According to Abd El-Baset Abd El-Naim, Deputy Minister of Supply, the ministry's directive issued on March 12, which sets the weights and prices of tourist and French bread, remains in effect. The directive specifies the prices and weights of various types of bread to ensure their availability and affordability for citizens.
The prices of tourist bread, as set by the ministry, are as follows: an 80-gram loaf costs 2 pounds, a 60-gram loaf costs 1.5 pounds, and a 40-gram loaf costs 1 pound. For French bread, a 50-gram loaf costs 2 pounds, a 40-gram loaf costs 1.5 pounds, and a 30-gram loaf costs 1 pound. These prices are binding for all tourist and French bakeries, and any attempts to raise prices or reduce weights will be met with legal action.
The Ministry of Supply's move aims to protect consumers from price hikes and ensure the availability of bread at reasonable prices. Abd El-Naim emphasized that the ministry's monitoring devices are conducting regular field campaigns and monitoring the sales activities of tourist and French bakeries. These campaigns involve undercover purchases to detect any bakeries that may be violating the set prices and weights.
In case of any violations, the ministry takes immediate action, including filing a report and referring it to the Public Prosecutor's Office. The Ministry of Supply has urged citizens to report any violations or irregularities in bread prices or weights. This move is part of the government's efforts to maintain price stability and prevent exploitation of consumers.
The Ministry of Supply has been working to improve the bread supply and control prices, especially in light of the recent economic fluctuations. The government has been taking various measures to mitigate the impact of these fluctuations on citizens, including providing subsidized bread and other essential goods.
The recent rumors of a price increase for tourist bread had sparked concerns among consumers, who rely heavily on this type of bread. The Ministry of Supply's denial of these rumors has helped alleviate concerns and maintain stability in the bread market. The ministry's efforts to monitor and control bread prices are ongoing, with the aim of ensuring the availability and affordability of this staple food.
The government's efforts to control bread prices and prevent violations are ongoing, with a focus on protecting consumers and maintaining price stability. The Ministry of Supply continues to work to ensure that bread is available at reasonable prices and that any attempts to exploit consumers are thwarted.
Key points
- The Ministry of Supply denies reports of an increase in tourist bread prices, emphasizing that legal action will be taken against violators.
- The ministry has set specific prices and weights for tourist and French bread to ensure their availability and affordability for citizens.
- The government is working to maintain price stability and prevent exploitation of consumers, particularly in light of recent economic fluctuations.