The Egyptian Prime Minister has issued a decree to reorganize the Ministry of Supply and Internal Trade, as published in the Official Gazette. The decree aims to enhance the ministry's role in ensuring the availability and smooth flow of goods and services in the market. This move is expected to improve the overall performance of the ministry and better serve the needs of Egyptian consumers. The decree outlines the ministry's objectives and responsibilities.
According to the decree, the Ministry of Supply and Internal Trade will work to achieve several key objectives. These include ensuring the availability of goods and services, providing regular market information, and proposing policies to guarantee the availability of essential goods. The ministry will also focus on developing and facilitating internal trade. These objectives are designed to improve the overall efficiency of the ministry and enhance its role in regulating the market.
The decree also outlines the ministry's responsibilities in achieving its objectives. These include conducting market studies to identify the actual needs for goods and services, determining the gaps between local production and targeted consumption levels, and proposing measures to increase local production. The ministry will also be responsible for effective market supervision to protect consumers from commercial fraud. This will be achieved through close monitoring of market activities and enforcement of relevant laws and regulations.
In addition to its regulatory role, the ministry will be responsible for supervising the organization of internal trade, distributing goods across governorates, and conducting marketing research. The ministry will also oversee cooperative consumer activities and monitor their performance. This will help to ensure that consumers have access to essential goods and services at reasonable prices.
The decree also provides for the reorganization of the ministry's structure. The minister of supply and internal trade will issue a decision to adopt the ministry's organizational structure, taking into account the divisions and their responsibilities. This move is expected to improve the ministry's efficiency and effectiveness in achieving its objectives. The reorganization will also help to eliminate duplication of efforts and improve coordination among different departments.
The minister of supply and internal trade will also be responsible for overseeing several affiliated agencies. These include the General Authority for Subsidized Goods, the Internal Trade Development Agency, and the Jewelry and Weights Department. The minister will also be responsible for applying the provisions of the Public Business Sector Companies Law to certain companies. This will help to ensure that these companies operate efficiently and effectively.
The decree is expected to have a positive impact on the Egyptian economy. The restructuring of the Ministry of Supply and Internal Trade will help to improve the availability and affordability of essential goods and services. This will benefit Egyptian consumers, particularly those in low-income households. The decree is also expected to enhance the ministry's role in regulating the market and protecting consumers from commercial fraud.
Key points
- The Egyptian Prime Minister has issued decree number 3099 of 2026 to restructure the Ministry of Supply and Internal Trade.
- The decree outlines the ministry's objectives and responsibilities, including ensuring the availability of goods and services and protecting consumers from commercial fraud.
- The reorganization of the ministry's structure is expected to improve its efficiency and effectiveness in achieving its objectives.
