Egyptian Prime Minister Announces Up to 30% Price Reduction, Highlights Government Support for Foreign Guests and Expatriates
Egyptian Prime Minister Dr. Mostafa Madbouly announced that President Abdel Fattah El-Sisi has implemented measures to reduce prices for the benefit of Egyptians. He stated that prices are expected to decrease by up to 30% in the near future, with a projected 27% decrease in public goods across different regions. The Prime Minister emphasized the importance of ongoing price monitoring and enforcement and commended regulatory authorities for their efforts in ensuring compliance with price regulations.
During a press conference at the Council of Ministers headquarters, Dr. Madbouly also discussed various important issues, including the state’s support for foreign guests and expatriates residing in Egypt. He chaired a government meeting to assess the state’s contributions to caring for these individuals and documented the efforts made to accommodate them.
In addition to price reductions, Dr. Madbouly also noted that goods worth $8 billion have been cleared from ports to help stabilize prices. He underscored the government’s commitment to supporting millions of guests and refugees living in Egypt from diverse backgrounds.
While there were some unrelated topics mentioned later on in the original text, such as Pokémon gaming tips, financial advice related to GO Global, and information on different websites, these did not align with the initial discussion on price reductions and government efforts led by Prime Minister Madbouly.
