Abdel Moneim Khalil, Head of the Control Sector at the Ministry of Supply and said that a list of food commodities is currently being prepared, which will be included under the list of strategic commodities, which was announced by Ali Al-Moselhi, Minister of Supply and Internal Trade on Saturday.
The Minister of Supply and Internal Trade had announced that a higher committee would be formed, composed of the Federation of Industries and the Federation of Chambers of Commerce and Consumer Protection, to set a fair price for strategic and basic commodities, which would number approximately 10 to 15 strategic and basic commodities.
Al-Moselhi indicated that there is no compulsory pricing for commodities, but rather a fair price will be set for them according to the cost of production and their inputs.
Khalil added that among those commodities so far are sugar, rice, oils, pasta, jam, flour, vegetables, fruits, meat, poultry, and fish.
The head of the Control and Distribution Sector confirmed that a compulsory price will not be set on these commodities, but rather a guideline price will be set, with the lowest price and the highest price, explaining that the only commodity whose compulsory price was set is rice.
It is noteworthy that the Ministry of Supply set the maximum price of a kilogram of rice at EGP 18, due to unjustified increases in the local market.
Al-Moselhi directed, during the meeting, the directors of the supply departments to issue warnings to those who are not committed to the directives, and to conduct awareness campaigns for all stores of the obligation to set prices on commodities.
He also directed conducting the necessary studies, surveys and investigations for places that are not committed to setting prices, warning them and taking legal measures in the event that they are not committed to setting prices on commodities after the end of the two-week period.
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