Egypt sugar price drops to 28 pounds per kg
The article highlighted the decline in the price of sugar in Egypt to around 28 pounds per kilogram, after previously exceeding 50 pounds. This decrease is due to the availability of a strategic stockpile sufficient to meet the country's needs for a full year. The government confirmed that it is working to increase stockpiles and support local production, while continuing oversight campaigns to regulate markets and prevent monopolies. The aim is to stabilize the prices of essential goods and fulfill citizens' needs. Additionally, a meeting was held, led by the Prime Minister, to follow up on efforts to enhance the availability and storage of goods, ensuring market stability for sugar and easing living burdens.
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