The Egyptian Ministry of Supply and Internal Trade has announced that its initiative to lower prices of essential goods has been met with significant public interest. The initiative aims to provide citizens with essential goods at discounted rates, as part of the government's efforts to alleviate the burden on citizens and stabilize the market.
The initiative currently offers 12 essential products, including sugar, oil, pasta, rice, and other staples, at reduced prices. For example, a kilogram of white sugar is now priced at 25 pounds, while a 700ml bottle of blended oil costs 50 pounds. These products are available at various consumer outlets and stores participating in the initiative.
According to the Ministry of Supply, the initiative will run for six months, during which time it will continue to monitor the availability of goods and adjust supply accordingly to meet demand. The Ministry has also stated that it will continue to add new products to the initiative, with 18 additional products set to be introduced in September.
The new products to be introduced include tuna, salt, industrial ghee, and powdered milk, among others. With these additions, the total number of products available under the initiative will be 30, providing citizens with a wider range of essential goods at discounted prices.
The Ministry of Supply has emphasized that it is committed to ensuring the smooth implementation of the initiative and to providing citizens with the goods they need at affordable prices. To achieve this, the Ministry is working to increase the supply of goods and improve the distribution network.
The initiative's prices for the initial 12 products are as follows: sugar (1kg) - 25 pounds, blended oil (700ml) - 50 pounds, pasta (350g) - 9 pounds, rice (1kg) - 25 pounds, and tomato sauce (300g) - 14 pounds. Other products include tea (40g) - 5 pounds, white cheese (80g) - 5 pounds, and white cheese (125g) - 7 pounds.
The Ministry's efforts to provide essential goods at discounted prices are part of the government's broader strategy to support citizens and stabilize the economy. By making essential goods more affordable, the Ministry aims to improve the standard of living for Egyptian citizens and promote economic growth.
Key points
- The initiative offers 12 essential products at discounted rates, with plans to add 18 more products in September.
- The initiative will run for six months, during which time the Ministry of Supply will monitor the availability of goods and adjust supply accordingly.
- The initiative aims to provide citizens with essential goods at affordable prices, as part of the government's efforts to alleviate the burden on citizens and stabilize the market.
