Egypt boosts strategic reserves

The Egyptian government emphasizes strengthening the strategic stockpile of essential goods, maintaining enough reserves to cover up to six months for some products and twelve months for others. This aims to meet citizens' needs and ensure market stability amid current tensions and crises. These measures follow warnings about the rising threats in the Red Sea and their impact on navigation, as well as the dollar's price surpassing 54 pounds. The government is also working to control prices and secure food security through plans and projects such as converting consumer complexes into hypermarkets and opening unified distribution channels.

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