The Egyptian government has decided to introduce new measures to control food prices in the market. These include extending a previous decision to exempt certain imported goods from customs taxes for three months. The new decision will cover imported goods such as medicines, frozen poultry, dairy products, butter, sugar, pastries, oils, tea, and sugar.
In addition to these measures, the government recently announced an initiative to reduce the prices of essential commodities like beans, dairy products, oil, pasta, sugar, poultry products, eggs, and rice. This initiative aims to speed up customs clearance, reduce costs for manufacturers and merchants and provide customs facilities for frozen meat, dairy products and oils.
Meanwhile successful boycott campaigns in several Egyptian governorates have resulted in a significant decrease in fish prices after a significant increase. A campaign in Port Said led to a 50% to 70% drop in prices for various types of fish including chub fish from 250 pounds per kilo to 100 pounds as well as reductions in prices for mullet , tilapia , pasta , shrimp , bream and whiting . The boycott campaign is set to continue until prices return to normal levels.
