Saturday, March 18, 2023
Books – Muhammad Abu Al-Majd:
Dr. Ibrahim Ashmawy, First Assistant Minister of Supply and head of the Internal Trade Development Authority, said that there is a round-the-clock follow-up of the quantities of goods offered in the Welcome Ramadan exhibitions, or by monitoring prices to ensure that market prices are not exceeded, indicating that the Egyptian economy is free and prices are balanced. According to supply and demand.
And “Ashmawy” added, in his interview via Zoom, to the “Al-Hayat Al-Youm” program on “Al-Hayat” satellite channel, on Saturday evening, that the Welcome Ramadan exhibitions have rates of discounts from the exhibitors, as there are approximately 126 or more exhibitors at the level of 562 screens, whose work has started. Since last January, it was a new thing to start holding exhibitions 3 months before Ramadan so that the goods would be available to the public and there would be calm in the display of goods, and that the time period available before Ramadan would be for all consumers.
And he continued, that the strategic stock of basic commodities in Egypt is completely safe, and the stock of wheat is sufficient for 3.5 months, explaining that the new wheat season will start in the next half of April, and we have a safe reserve of rice up to 3 and a half months, and a reserve of oil up to 5 Months.
And he added, First Assistant Minister of Supply and head of the Internal Trade Development Authority: “We made an order of poultry today, with a total of 25,000 tons from Brazil, and the meat has no problems at 180 and 190 pounds per kilo, and the cooled Sudanese meat is 165 pounds, which are reasonable prices and correspond to the needs of the market,” explaining : “There were increases due to the lack of fodder, so the state intervened.”
He pointed out that inflation reached 40%, and there was no increase in basic commodities.
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