Egypt Releases Goods Stuck at Ports to Control Price Spirals ...Egypt

A woman shops at a vegetable market in Cairo, Egypt. Photo Credit | Reuters/Mohamed Abd El Ghany Egypt’s Prime Minister Mostafa Madbouly announced during a cabinet meeting on 25 December that the government is working with the Central Bank of Egypt (CBE) to release goods stuck at the country’s ports, particularly food supplies, local media reports. Though he did not disclose details of the plan, the prime minister stated that efforts are being made by the government to control price spirals and ensure the sufficient supply of various commodities ahead of the holy month of Ramadan, later in March. Cabinet spokesman Nader Saad revealed that between 1 December and 23 December 2022, the Egyptian

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Last updated : 27 Dec 2022 clock 05:20 PM

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Egypt Releases Goods Stuck at Ports to Control Price Spirals ...Egypt

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