Egypt’s PM Assures Citizens: Prices Will Decline

by Asmaa Elwahy

Egypt’s PM Assures Citizens: Prices Will Decline

According to Egypt today Egyptian Prime Minister Moustafa Madbouli reassured the citizens that the crisis of the goods that are stuck in the ports is almost solved and all factories have returned to work at full as materials needed for production are enough for two months.

 

On the sidelines of his inspection tour of Capital Gardens City on Saturday, the Prime Minister assured a press conference that product prices would fall.

 

He continued that the production sector had resumed work at full capacity and this matter would help stabilize products’ prices soon, MENA reported.

 

here is a plan to develop a vision for providing hard currency for the coming period until June 30, 2023, the Prime Minister, Mostafa Madbouli stated in a press conference, on January 29.

 

Madbouli elaborated that the government is aware that there is a rise in prices.

 

“We are trying to reduce the burden on the citizens, and the government subsidizes the groups that need support,” the Prime Minister stated.

 

He noted that most of the news on social media is directed at harming the Egyptian economy, Madbouli

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