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Reserves cover six months

Reserves cover six months

The Minister of Supply and Internal Trade said that the strategic reserves of various commodities are sufficient for an average of six months. Stocks of some commodities exceed that period, and new contracts are in place to bolster reserves. He made the remarks at a meeting of the Central Crisis Management Committee, chaired by Mostafa Madbouly, to monitor the impact of regional developments on markets and prepare for possible scenarios. The minister also said that an initiative to reduce prices of basic commodities covers 30 items, with discounts of 15% to 25%, available through outlets across the country.

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