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Egypt Forum official urges fair competition and suggests analyzing prices of key goods

Egypt Forum official urges fair competition and suggests analyzing prices of key goods

The activities of the Egypt 2026 Forum focused on market regulation and the development of the social protection system to enhance price stability in Egypt. Participants presented a comprehensive vision that includes ensuring abundance, reducing costs, promoting competition, improving transparency, and developing price monitoring through digital tools and artificial intelligence. Additionally, efforts by the government to increase the financial margin to 4.8 trillion Egyptian pounds by 2030 were discussed, without imposing new tax burdens, with the aim of supporting spending on health, education, and social protection. Emphasis was placed on improving the efficiency of supply chains and facilitating market entry for producers. Furthermore, initiatives were introduced to analyze the costs of five essential goods to curb monopolies and reduce expenses, highlighting the importance of balancing market regulation with the protection of competition to ensure price stability and benefit consumers.

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