Government: strategic commodity reserves reassuring and sufficient for several months

CAIRO – 28 April 2026: Deputy Prime Minister for Economic Affairs, Hussein Eissa, chaired a meeting on Tuesday at the government headquarters in the New Administrative Capital to review efforts to secure essential commodities for citizens.

The meeting was attended by Dr. Sherif Farouk, Minister of Supply and Internal Trade; Eng. Khaled Hashem, Minister of Industry; Mr. Tarek El-Khouly, Deputy Governor of the Central Bank; Eng. Mostafa El-Sayyad, Deputy Minister of Agriculture and Land Reclamation; and several officials from relevant ministries and agencies.

The Deputy Prime Minister emphasized that the meeting aligns with the government's commitment to monitoring measures that secure the local market’s needs.

He highlighted the importance of ensuring a sustainable supply of production inputs for the industrial sector to boost production rates, maintain market stability, and secure the necessary foreign currency resources for various production processes.

Eissa explained that the meeting's outcomes are regularly presented to the Crisis Committee to continuously assess the availability of essential goods and production inputs, allowing for timely decisions and necessary interventions.

Mohamed El-Homsany, the official spokesperson for the Cabinet, stated that the meeting focused on coordination between various ministries to ensure secure and sufficient strategic reserves. He emphasized that the state currently possesses reassuring stocks of these commodities, sufficient for several months, despite ongoing challenges arising from regional and international geopolitical conditions.

El-Homsany added that the meeting also stressed the necessity of intensifying market monitoring campaigns. These efforts aim to regulate the flow of goods and prevent monopolistic practices or price manipulation, thereby protecting consumers and enhancing overall market stability.