Egyptian Prime Minister Dr. Mostafa Madbouly has announced that President Abdel Fattah El-Sisi has implemented measures to reduce prices for the benefit of Egyptians. In a press conference held at the Council of Ministers headquarters in the New Administrative Capital, Dr. Madbouly stated that prices are expected to decrease by up to 30% in the near future. The Prime Minister highlighted that there has been a comprehensive evaluation of prices across different regions, with a projected 27% decrease in public goods. Any violations or price gouging will be addressed in accordance with the law.
Dr. Madbouly emphasized the importance of ongoing price monitoring and enforcement during his speech at the press conference. He also noted that goods worth $8 billion have been cleared from ports to help stabilize prices. Additionally, he chaired a government meeting to discuss various important issues, including the state’s support for foreign guests and expatriates residing in Egypt.
During this meeting, Dr. Madbouly commended regulatory authorities for their efforts in monitoring markets and ensuring compliance with price regulations. He underscored the government’s commitment to supporting millions of guests and refugees living in Egypt from diverse backgrounds.
The Prime Minister was tasked with assessing the state’s contributions to caring for these individuals and documenting the efforts made to accommodate them.
In a separate context, while it appears that some content provided in the latter part of the original text may not align with the initial discussion on price reductions and government efforts led by Prime Minister Madbouly, it is important to note that unrelated topics can sometimes be included in news articles for context or additional information purposes.
Overall, Egyptian officials have expressed their commitment towards reducing prices for citizens through ongoing evaluations and enforcement efforts, which will undoubtedly benefit millions living within Egypt’s borders.
