Egyptian catering: There is no increase in rice prices or any commodity, whatever the dollar increases

Egyptian catering: There is no increase in rice prices or any commodity, whatever the dollar increases

No increase in the price of rice or any other product is anticipated over the next two months, according to Engineer Abdel Moneim Khalil, Head of the Internal Trade Sector at the Egyptian Ministry of Supply, regardless of the value of the dollar.
Abdel Moneim Khalil stated that “feeds of sufficient ports have been released for a month, and the citizen will feel its impact on the low prices of chicken within a few days” during a phone call to the “Liberation Hall” programme.


He added that the Minister of Supply promised during his meeting with the Federation of Chambers of Commerce and companies supplied to goods to solve all the problems of suspended goods in the ports.
He stated that the rice rackets were suspended and the minister met with the officials of the speculator and promised to solve their problems and provide rice and barley to them.

Abdel Moneim Khalil emphasised that the Minister of Supply had agreed with the Federation of Chambers of Commerce and supply companies that there would be no increase in the price of rice or any other commodity over the course of the next two months, regardless of how much the dollar’s value increased.

He emphasised that the Minister of Supply had agreed with dairy farmers to begin releasing production requirements tomorrow, adding that there is a strategic tea reserve that lasts for 13 months and that a kilo of lentils costs between 30 and 32 pounds, despite some people’s repeated claims that the price has reached 65 pounds.

He emphasised that there has been no rise in oil costs as a result of the central bank’s decision, and that there is enough supply to last for six months, showing that there is enough eggs and poultry to meet demand.
Echo Country is the source.

Egyptian catering: Despite the rise in the dollar, the price of rice or any other product has not increased.

About Author

Economics