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Ministers address global energy price stability
The Egyptian government has revealed that global energy prices continue to rise, with oil surpassing $100 per barrel and natural gas prices increasing. This has reflected in the prices of goods and food products. The government is implementing mechanisms to regulate the market and maintain price stability, avoiding passing on the increased costs caused by global fluctuations to consumers. Additionally, the number of outlets offering goods at fixed prices has been expanded, reaching 30 types of products available at approximately 300 outlets until the end of September, with plans to increase their spread in urban areas. The government emphasizes the importance of market surveillance to ensure compliance with pricing and quality standards.
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