The Minister of Supply confirms the pumping of additional quantities of sugar to ensure market stability
Dr. Sherif Farouk, Minister of Supply and Internal Trade, confirmed the availability of free sugar in the consumer complexes of the Holding Company for Food Industries at a price of 28 pounds per kilo, noting that the Holding Company for Food Industries pumps large quantities daily to ensure that the needs of citizens are met and the markets are stable.
The minister said that the availability of free sugar at this price comes within the framework of reducing the burden on citizens, pointing out that the companies affiliated with the Ministry are working to continue the flow of goods in sufficient quantities. Various geographical regions.
Dr. Sherif Farouk stressed that Egypt possesses a large and safe strategic reserve of sugar, capable of meeting the market’s needs for long periods, which allows the Ministry to move forcefully in increasing the quantities offered and controlling the market.
The Minister also directed, in his instructions issued to Dr. Alaa Nagy, CEO of the Holding Company for Food Industries, to continue pumping quantities of free sugar into consumer complexes, And enhancing its stock of basic commodities, especially sugar, oil and rice, stressing that the Ministry will not hesitate to take any additional measures that would maintain the availability of goods at reasonable prices for citizens.
In a related context, Dr. Sherif Farouk directed the Holding Company for Food Industries to intensify the offering of free sugar within the one-day markets initiative implemented by the Ministry in the villages and areas most in need, in order to facilitate the access of basic goods to citizens near their place of residence, at reduced prices. itself within consumer complexes, and he explained that these markets are witnessing a large demand from citizens because of the high-quality goods they provide at reduced prices, within the framework of the Ministry’s plan for effective field presence and ensuring the stability of the markets.
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