Egypt's cabinet denies shortage in basic goods in coming months due to Covid-19

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Sat, 13 Mar 2021 - 11:29 GMT

Food market- Photo courtesy of IFAD Facebook page

Food market- Photo courtesy of IFAD Facebook page

CAIRO - 13 March 2020: The Media Center of the Cabinet denied on Saturday news regarding any shortage of basic commodities in all governorates because of the coronavirus crisis.

 

The center said in a statement that it communicated with the Ministry of Supply and Internal Trade, which refuted the news.

 

The flow of large amounts of goods is regular daily in markets, and the strategic stockpile is sufficient for the coming months, the statement read.

 

The ministry asserted it is launching inspection campaigns on all markets to prevent any monopoly.

 

The ministry urged all media outlets to be accurate and objective in publishing such news.

 

Ibrahim Al-Arabi, head of the General Federation of Chambers of Commerce, confirmed that the strategic reserve of basic commodities, whether in warehouses or ports, or what was shipped during the previous period, or the contracts that will be received during the coming period, are sufficient to meet the local demand.
 

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