3 directives from the government to face the repercussions of the Russian-Ukrainian war

12:41 PM

Thursday 03 March 2022

Books – Muhammad Nassar:

Prime Minister Mostafa Madbouly stressed that the Russian-Ukrainian crisis has cast a shadow over the entire world and has had major negative repercussions.

Madbouly said, during the government meeting today, Thursday: We in Egypt are not isolated from the world, and therefore there are negative economic effects and various dimensions that the state is working to mitigate.

In this regard, the Prime Minister announced a set of measures taken by the state to confront the repercussions of this war, which came as follows:

1- Securing the availability of basic commodities in the markets at this delicate stage in which the world is holding its breath until this global crisis passes.
2- Follow up on the markets in order to prevent price manipulation or bad exploitation of these conditions to achieve personal purposes and interests.
3- Dealing decisively with any practices that are not acceptable by some greedy traders, especially since the state has worked during the past periods and until now to provide various types of basic commodities and to secure a strategic reserve of them.

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