Madbouly orders tighter market inspections at follow-up Governors’ Council meeting

In a follow-up meeting of Egypt's Governors’ Council, Prime Minister Mostafa Madbouly has ordered intensified field monitoring of markets to ensure goods availability at fair prices, building on inaugural directives for commodity stability and agricultural protection. Held in the New Administrative Capital, the session included key ministers and governors.

Building on the inaugural Governors’ Council meeting's emphasis on protecting agricultural land and monitoring essential commodities during Ramadan, Prime Minister Mostafa Madbouly chaired a subsequent session in the New Administrative Capital. He stressed intensified field inspections of markets and outlets to guarantee goods availability at fair prices, attended by Minister of Local Development and Environment Manal Awad, Minister of Supply and Internal Trade Sherif Farouk, and governors nationwide (some via video).

Madbouly highlighted governors' roles in coordinating with ministries to combat monopolies and hoarding, confirming ample stockpiles of strategic goods for months ahead, including for manufacturing. He noted government-bank efforts stabilizing energy and industry amid regional tensions.

Directives included strict enforcement against price manipulators, potentially via military courts as per President Abdel Fattah Al-Sisi, and prompt responses to complaints through the Unified Government Complaints System. He urged electricity rationalization on streets (sparing homes and factories) and personal oversight by governors to prevent illegal agricultural encroachments, especially ahead of Eid al-Fitr.

Awad reported daily inspections across governorates for commodity availability, price balance, and anti-monopoly measures. Farouk detailed enhanced oversight, daily quantity reports, outlet monitoring, inter-governorate transport, and expanded 'one-day market' initiatives for fair access.

Mga Kaugnay na Artikulo

Egyptian Prime Minister Mostafa Madbouly has ordered the immediate suspension of utility services to any site where illegal construction on agricultural land is detected, describing the protection of farmland as a matter of "national security" linked directly to the state's food security. Speaking during the first meeting of the newly formed Board of Governors on Saturday, Madbouly stated that the preservation of every acre is no longer an administrative choice but a "national obligation."

Iniulat ng AI

Prime Minister Mostafa Madbouly held a high-level meeting at Obour Wholesale Market on Saturday to review food supply conditions, market operations, and government efforts to stabilise prices. He stressed the centrality of developing wholesale markets to regulate commodity flows and ensure price stability. Cairo Governor Ibrahim Saber noted the market has cut post-harvest losses to 3-5%, saving EGP 1.2 billion annually.

Prime Minister Mostafa Madbouly announced on Monday that Egypt will raise the national minimum wage and implement government spending cuts to mitigate the domestic economic impact of regional military escalation. The decisions came during a meeting of the Central Crisis Management Committee, chaired by Madbouly, to monitor repercussions from US-Israeli operations in Iran and broader regional developments.

Iniulat ng AI

Egyptian retail chains will launch dedicated Ahlan Ramadan sections across all branches next week, following a government agreement with food producers to freeze or lower commodity prices, Minister of Supply and Internal Trade Sherif Farouk said on Tuesday. The move aims to ensure market stability ahead of the holy month after an extensive meeting with trade federations.

 

 

 

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