Government Initiative: Reduced Prices for Food Commodities in Egypt

2023-10-16 09:30:00

Written by Medhat Wahba Monday, October 16, 2023 12:30 PM The government was keen, in cooperation with the General Federation of Chambers of Commerce and the Federation of Egyptian Industries To provide food commoditiesPrivate sector outlets and commercial chains began Reducing product prices Food at rates ranging between 15 and 25% for a period of 6 months in implementation of the Cabinet of Ministers initiative launched in cooperation with the relevant ministries and the Federation of the Chamber of Commerce and Industry.

It includes The initiative 7 basic commodities: “sugar, edible oil, rice, beans, lentils, dairy, white cheese, pasta,” meat, poultry, and eggs. Two days ago, customs ports at the ports implemented the decision to exempt regarding 12 food commodities from duties for a period of 6 months, which was issued by the government. The decision included exempting imports of some goods subject to customs provisions from tax.

A group of products witnessed a decline in prices, as sugar was sold at 27 pounds per kilo, 700 ml oil ranged between 30 and 35 pounds, and a liter package ranged from 38 to 45 pounds. The prices of packaged crushed lentils also decreased to 40 pounds instead of 54 pounds per kilo, and the bulk prices fell to 36.5 pounds, and rice ranges between 18 and 20 pounds per kilogram, and also a package of packaged milk weighing 500 grams is 14.90 pounds and is priced at 27.90 pounds per kilogram, and cheese triangles in 8 pieces are 8 pounds, and a package of 500 grams is 24 pounds instead of 30 pounds and the package is 250 pounds. Grams range between 14 and 16 pounds, depending on the type.

Sugar is also offered at supermarket outlets at a price ranging between 25 and 27 pounds per kilo, imported rice at 20 pounds per kilo, local wide-grain rice at 22 pounds per kilo, oil in an 800 ml bottle for 45 pounds, pasta 400 grams for 7.5 pounds, and spaghetti pasta 400 grams for 8. Pounds, tea 250g for 44 pounds, flour 1 kg for 18 pounds, amsli 650g for 42 pounds, 700g for 48 pounds, 1.5 kg for 97.5 pounds, and many other products. Frozen poultry is offered at a price of 85 pounds per kilo, and frozen Brazilian meat is at a price. 160 pounds, Sudanese meat is 220 pounds per kilo, and 240 pounds for live local meat.

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