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اليوم السابع
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Ayman Muhasab on Market Price Reduction
The article confirms that the initiative by the Egyptian Ministry of Supply to reduce commodity prices represents a fundamental shift in market management, going beyond mere temporary price cuts. It focuses on increasing supply and expanding distribution channels to ensure that consumers have access to sufficient quantities of goods, thereby promoting price stability and limiting inflation. Currently, the initiative includes 30 commodities and has expanded through 284 outlets, with the addition of 18 new items. This involves increasing the participation of major retail chains and transforming traditional outlets into modern, multi-purpose outlets, all aimed at improving the efficiency of the domestic trade system. The article emphasizes the importance of continuous monitoring to ensure the availability of goods and transparency of announced prices, urging cooperation among relevant authorities to regularly oversee markets. This is vital to sustain the initiative's results and achieve comprehensive price stability, especially with the approach of the Ramadan season.
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