PM Madbouly reviews food supply measures, market stability plans ahead of Eid Al-Adha

Daily News Egypt
3 Min Read

Egypt’s Prime Minister Mostafa Madbouly met with Minister of Supply and Internal Trade Sherif Farouk to review the ministry’s ongoing efforts and preparations to secure food supplies and maintain market stability ahead of Eid Al-Adha.

During the meeting, Madbouly stressed the importance of ensuring the continuous availability of essential commodities in sufficient quantities and at reasonable prices, while intensifying market oversight to prevent monopolistic practices and price manipulation. He said these measures are crucial to preserving market stability and guaranteeing adequate supplies for citizens.

Farouk outlined government preparations to secure food commodities during the holiday season, particularly meat products and basic goods. He said the Holding Company for Food Industries has supplied substantial quantities of fresh and frozen meat, including around 2,300 heads of cattle, while an additional 1,500 heads are currently being received to strengthen strategic reserves.

The minister added that approximately 669 tonnes of frozen meat have also been made available, alongside coordination with the Egyptian-Sudanese Company to supply around 6,000 slaughtered sheep, in addition to various types of lamb and veal aimed at meeting increased consumer demand during Eid.

Farouk noted that livestock markets and temporary sales outlets have been expanded across governorates to ensure sufficient availability of live sheep at competitive prices, supporting market balance and helping contain price pressures.

He further highlighted efforts to boost supplies of essential commodities through expanded Ahlan Bel Eid fairs, as well as fixed and mobile retail outlets nationwide, with discounts of up to 25% offered on selected food items and consumer products.

According to the minister, products are being distributed through 1,062 outlets affiliated with the Holding Company for Food Industries, in addition to more than 8,000 branches operating under the Carry On and Gomla retail network.

Farouk confirmed that retail outlets and wholesale branches will continue operating throughout the Eid Al-Adha holiday period. Market inspections covering bakeries, food outlets, fuel stations and LPG distribution points will also be intensified, while emergency operations rooms have been activated nationwide to address complaints and ensure rapid responses to market disruptions.

 

Share This Article