The Egyptian Ministry of Supply and Internal Trade is set to launch 18 new discounted items starting tomorrow, bringing the total number of products in its price reduction initiative to 30. This move is part of the government's efforts to mitigate the rising cost of living. The initiative, led by Minister Dr. Shreef Farouk, aims to provide essential goods at reduced prices.
Minister Farouk has instructed officials to intensify daily monitoring of stock levels and supply chain movements to ensure that goods are consistently available and that prices remain stable. He emphasized the importance of strict oversight on prices, product quality, and availability. The Ministry is also focusing on increasing the supply of fast-moving consumer goods and expanding the network of participating outlets.
The new list of discounted items includes staple foods and household essentials such as sugar, rice, flour, cooking oil, pasta, tomato sauce, and tea. Other items on the list include cheese, halawa, jam, milk, and various types of detergents. These products will be sold at significantly reduced prices to help alleviate financial pressure on Egyptian consumers.
Some of the specific prices for the new items have been announced: 1kg of packaged sugar and rice will cost 25 Egyptian pounds each, while 1kg of packaged flour will be priced at 20 pounds. A 700ml bottle of blended oil will cost 50 pounds, and 350gm of pasta will be sold for 9 pounds. The Ministry aims to make these essentials more affordable for the average consumer.
In addition to food items, the initiative also includes household products such as soap, washing powder, and dishwashing liquid. For example, a 125gm bar of toilet soap will cost 14 pounds, and an 800gm packet of manual washing powder will be priced at 33 pounds. These additions are expected to enhance the initiative's impact on household budgets.
The Ministry of Supply is also focusing on expanding its network of outlets, including new "Cari On" branches, to make these discounted products more accessible to a wider audience. Minister Farouk has stressed the importance of ensuring that all designated products are consistently available in these outlets and that supply chains are maintained to meet consumer demand.
To ensure the success of the initiative, the Ministry will intensify its monitoring and inspection campaigns to prevent any violations, such as price hikes or substandard products. Any breaches will be met with legal action, underscoring the government's commitment to protecting consumers and maintaining the integrity of the price reduction initiative.
Key points
- The initiative includes 30 products, 18 of which are new additions.
- Prices for essential goods have been significantly reduced.
- The Ministry of Supply is expanding its network of outlets to increase accessibility.