In order for the factories to operate at full capacity in order to increase the supply, achieve abundance, and foster competition for price stability, the Federation of Chambers of Commerce and the Food Industries Chamber of the Federation of Industries contacted producers and importers of food commodities in order to limit the production requirements and basic commodities in the ports.
Dr.
Alaa Ezz, Secretary General of the Federation of Chambers of Commerce, reported that during the 48th hour, when all banks were working, the currency was managed for more than 4000 shipments of production and food supplies with full support and ongoing meetings with the Prime Minister, His Excellency the Governor of the Central Bank, His Excellency the Minister of Supply, the Minister of Trade and Industry, the President of the Banking Federation, and all relevant agencies.
A measure of many factories and importers received his approval, but the customer account did not let the deduction of value, so Ezz called on all of them to make sure that they have enough pounds on hand to cover their paperwork at the current exchange rate.
The design of a system is currently being developed with interdank in banks, in order to exchange raw materials between The factories of similar food products, so that the system will be used later in the day. Ezz added that due to the presence of very large quantities of raw materials in many factories with the possibility of a shortage of one of the components, which disrupts the productive currency, and disrupts millions of dollars that have actually been managed,
Ezz emphasised that in order to increase the supply of goods in all governorates and foster competition for price stability, the ministers of catering and industry worked in tandem with manufacturers, importers, and commercial chains of food commodities to ensure that the food industries factories operated at full capacity for three shifts after meeting all production requirements to reach maximum energy.
.
Chambers of Commerce: It is urgent that more than 4,000 cargoes of food and production supplies be released.
About Author
