Egypt implements new market oversight tools
The Egyptian government is working to strengthen market oversight by developing electronic systems such as "Inspector Card" and "Price Radar" to monitor the movement and prices of goods accurately, with the aim of regulating prices and improving inspection efficiency. The first phase will provide 12 commodities at affordable prices through government outlets, with a gradual expansion to reach 30 commodities, as part of a consumer support plan and measures to prevent cost increases. The initiatives also include standardizing commodity prices, establishing unified outlets, and developing a tracking system for product movement to ensure transparency and more effective market regulation.
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