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Supply Ministry Takes Price Reduction Action
The Undersecretary of the Ministry of Supply, Tamer Salah, confirmed that the initiative to reduce commodity prices is part of the state's efforts to improve the availability of discounted goods across outlets over a period of six months. The goal is to support market stability and ease the burdens on citizens. The initiative has been implemented in 274 outlets nationwide, offering discounts of up to 20% on products such as oil, sugar, rice, pasta, and dairy. Efforts are also underway to expand geographical coverage and involve major retail chains. The ministry is monitoring daily the rates at which essential goods are being sold and quickly reintroducing them in cooperation with the Holding Company for Food Industries.
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