7:41pm
Monday 19 December 2022
Books – Muhammad Sami:
Dr Mostafa Madbouly, Prime Minister, chaired the meeting of the Board of Governors today; In the presence of Dr. Ali Al-Moselhi, Minister of Supply and Domestic Trade, Major General Hisham Amna, Minister of Local Development, Major General Abdel Hamid Al-Hagan, Governor of Qalyubia and Major General Khaled Abdel-Al, Governor of Cairo , and with the participation of the rest of the governors via videoconferencing technology.
The President of the Council of Ministers opened the meeting, emphasizing that in the light of the unprecedented circumstances that various countries around the world are going through, and among these Egypt, there are some dossiers and topics that are periodically followed up, and moreover it is what is related to the availability of various goods and products, in adequate quantities and prices.
The Prime Minister stated that in the context of the continuous monitoring of the various markets, and of what is being monitored on citizens’ complaints received through the various media, or through the government’s unified complaints system, it can be noted that there is a ‘exaggeration by some merchants in the price of goods, and even a discrepancy in the prices of a commodity from one place to another, which necessitated the need for daily monitoring through the various authorities concerned, adding: We announced that within two weeks, various shops must fix prices on various goods, and that strategic goods affecting citizens’ lives have a price range, so as to ensure that they are not overpriced by some merchants, saying, ” The price range for these strategic products will be agreed with the chambers of commerce and the producers”.
During the meeting, the prime minister was tasked with tackling any attempt to saturate the markets or conceal goods with the utmost resoluteness, addressing the governors: “You have complete mechanisms, in accordance with the law, and you must face any attempt at any merchant decisively, in coordination with regulators, and immediately address any attempts to hide, store or monopolize the goods”, stressing that goods seized from exploitative traders will be offered to citizens at agreed fair prices, adding: Let no one to trade, thirst for markets and profits at the expense of citizens.
During the meeting, Dr. Ali Al-Moselhi referred to the existing cooperation with all the governorates, regarding efforts to control the markets and supply various products to the citizens, pointing to the meeting that was recently held with the heads of the directorates at the level of the Republic , in order to coordinate to give a two-week period to all stores with the aim of announcing prices on different goods, with an emphasis on the need for this decision to be widely known within two weeks before the start of the application punitive measures against offenders.
The minister explained that there will be a higher committee of the Federation of Chambers of Commerce and Manufacturers, to study the different equations, in order to reach the price range of strategic raw materials, underlining that all regulatory authorities will follow and monitor the implementation of this step.
Al-Moselhi added that early next week will see the start of coordination with manufacturers, the Federation of Chambers of Commerce and various parties, with the aim of preparing “Welcome Ramadan” exhibitions, in order to supply goods to citizens at reasonable prices before the holy month and, in this regard, the Prime Minister has ordered all governors to work to provide and make available the various places necessary to set up sheds and outlets for goods and products, provided that this happens “free of charge. This is part of the state’s efforts to expand the establishment of more of these outlets to help bring goods to citizens at reasonable prices through various initiatives.
