Prime Minister Mostafa Madbouli chaired a meeting to review the availability of strategic commodities, in line with directives from President Abdel Fattah el-Sisi to secure sufficient reserves to meet citizens’ needs and support economic sectors.
The meeting was attended by Deputy Prime Minister for Economic Affairs Hussein Eissa, Supply and Internal Trade Minister Sherif Farouk, Petroleum and Mineral Resources Minister Karim Badawi, Suez Canal Authority Chairman Osama Rabie, Executive Director of the Future of Egypt for Sustainable Development Agency Bahaa El-Ghannam, representatives of the Central Bank of Egypt, and officials from the Finance Ministry.
Cabinet spokesman Mohamed El-Homsany said the meeting reviewed strategic reserves of essential food commodities and confirmed the availability of safe stock levels, along with plans to maintain supplies and continue market distribution to strengthen food security. The discussions also covered petroleum products and natural gas reserves, which were described as secure, in addition to future supply plans to ensure stable market conditions.
The meeting stressed the role of the Central Bank in providing the financial resources needed to secure imports, especially during the holy month of Ramadan, and the coordination between the Supply Ministry and the Future of Egypt agency to maintain steady supplies across markets. Madbouli also called for intensified market monitoring to ensure price stability, prevent unjustified increases, and address any monopolistic practices.
The supply minister reviewed efforts to maintain adequate reserves of basic goods, including sugar, oil, pasta, and rice, with daily follow-up of distribution nationwide. The petroleum minister outlined measures to secure fuel and natural gas supplies by boosting local production, offering incentives to partners, and strengthening infrastructure to receive liquefied natural gas shipments to meet domestic demand, particularly for electricity and industry.
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