Egyptian Prime Minister Dr. Mostafa Madbouly has stated that maintaining price stability, controlling markets, and ensuring the availability of essential goods are among the government's top priorities. He made these remarks during a meeting to review the axes of the sessions of the "Egypt 2026" forum, which is set to take place from October 19 to 24. The forum aims to showcase the state's achievements in various sectors and discuss future visions.

The meeting was attended by several ministers, including the Ministers of Electricity, Finance, Social Solidarity, Supply and Internal Trade, and Petroleum and Mineral Wealth. The discussion focused on the development of the energy sector and social protection systems. Dr. Madbouly emphasized the importance of reviewing the energy sector's developments and the state's efforts to secure the country's energy needs.

The Prime Minister highlighted the government's commitment to supporting low-income families and ensuring that assistance reaches those who need it most. He also stressed the need to focus on supporting the middle class, which is considered a key driver of economic growth and stability. This comes as part of the state's vision to build a more resilient and equitable society.

The meeting also touched on the government's efforts to control markets and regulate the trade of essential goods. Dr. Madbouly directed that the visions and working papers presented at the conference should be transparent about the challenges facing commodity markets and the state's policies to control them. He also called for providing clear plans and programs to address irregular practices and meet the aspirations of the Egyptian people.

The "Egypt 2026" forum is part of the state's efforts to engage in a national dialogue about the country's progress and future plans. The forum will feature sessions on various topics, including energy, social protection, and economic development. The government aims to use the forum as a platform to showcase its achievements and discuss future visions with various stakeholders.

Dr. Madbouly's emphasis on price stability and market control comes amid ongoing efforts to address the economic challenges facing the country. The government has been working to implement policies and programs aimed at reducing inflation and promoting economic growth. The Prime Minister's statements reflect the government's commitment to addressing the concerns of citizens and promoting economic stability.

The "Egypt 2026" forum is set to take place at the St. Regis hotel in the new administrative capital. The event is expected to bring together various stakeholders, including government officials, business leaders, and civil society representatives. The forum aims to provide a platform for dialogue and discussion about the country's future and the government's plans to address the challenges facing the nation.

Key points

  • The Egyptian government is prioritizing price stability and market control to protect citizens' rights and promote economic stability.

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SaharaWire Newsroom
SaharaWire

Reporting for SaharaWire from the Nairobi bureau.