Dr. Mustafa Madbouly, Prime Minister, held a meeting today, to follow up the markets and preparations for the holy month of Ramadan, in the presence of Dr. Ali Al-Moselhi, Minister of Supply and Internal Trade, Mr. Al-Qaseer, Minister of Agriculture and Land Reclamation, Engineer Ahmed Samir, Minister of Trade and Industry, and Muhammad Abu Musa, Undersecretary First Governor of the Central Bank, Eng. Mohamed El Sewedy, President of the Federation of Egyptian Industries, Adel Nasser, Vice President of the Federation of Chambers of Commerce, President of the Giza Chamber of Commerce, Dr. Alaa Ezz, Secretary General of the Federation of Chambers of Commerce, and Ashraf El-Gazairly, President of the Chamber of Food Industries in the Federation of Industries.
The Prime Minister confirmed that this meeting aims to start arrangements for the successive release of all goods in the ports, calling for the preparation of a plan for the release of all goods in the ports.
Madbouly indicated that it was agreed with the governor of the Central Bank on the priorities that will be moved according to their order, with the aim of working to speed up the release of all commodities in the ports, especially with regard to food commodities, especially in light of the approaching holy month of Ramadan, as well as everything related to production requirements.
The Prime Minister stressed that the government is working through all its agencies to work on the availability of various commodities in the markets, with the aim of achieving a balance in prices, to reduce the burden on citizens.
Dr. Ali Al-Moselhi, Minister of Supply and Internal Trade, said: Coordination is taking place with the Federation of Industries and Chambers of Commerce in this regard, and it was agreed that priority should be given to everything related to the food industry.
During the meeting, the quantities of commodities that were released from the banking sector during the past Wednesday and Thursday were reviewed, especially food commodities, such as oils and legumes, as well as meat and fodder, as it was indicated that commodities were released on these two days at a value of about $300 million. .
Al-Qasir, Minister of Agriculture and Land Reclamation, stated that announcing a clear plan for the customs release of goods will serve as a message of stability and reassurance to the market, and thus a balance will occur in prices, noting that a plan will be announced for the release of fodder, whether from soy, corn, or additives. Fodder, reviewing a report on the total quantities currently in customs, and his proposals for release priorities.
Engineer Mohamed El Sewedy, Chairman of the Federation of Egyptian Industries, stressed the importance of expediting the release of various commodities, especially food commodities, and everything related to food processing, as well as various production requirements.
While Dr. Alaa Ezz, Secretary General of the Federation of Chambers of Commerce, explained, saying: Arrangements are currently being made for the various commodity outlets that will be established in various governorates with the approaching holy month of Ramadan, and there is full coordination with the Ministry of Trade and Industry and the Federation of Industries.