
Ahmed Al -Wakeel, President of the General Federation of Egyptian Chambers of Commerce, participated in the weekly press conference held today by Dr. Mustafa Madbouly, Prime Minister, in the presence of Ibrahim Al -Sajini, Chairman of the Consumer Protection Agency, Dr. Mahmoud Mumtaz, head of the Competition Protection Authority and the Prevention of Monopolistic Practices, Dr. Alaa Ezz, Secretary General of the Egyptian Chambers of Commerce, and a number of heads of chambers of commerce and industrial. The journalist indicates that through the ongoing dialogue between the government and the business community represented in the Federation of Chambers of Commerce and the Federation of Egyptian Industries and other federations, the idea of its source was generated that the next stage is a stage that needs a kind of convergence, pointing out that economic indicators all call for optimism and increase production by the business community. The great, so I and my colleagues from the heads of the chambers of commerce and industrial began, from about 9 days, to move according to this thought based on optional foundations, stressing that this is not a government intervention or imposing prices from the government on the private sector, but rather an initiative from the Egyptian private sector that has always been throughout the backbone of the economy from the Second World War to the pandem For the Chambers of Commerce: We met in the presence of the Minister of Supply and Internal Trade, with our colleagues from the Federation of Industries and the heads of industrial rooms during the past week, and we also called the producers and commercial people. Accordingly, what I would like to say is that we have a group of commodities & quot; as a beginning & quot;, and not all the market is shared in that, noting that the market has abundance, saying: We are sure that the supply in all commodities exceeds the size of the demand, and therefore that initiative will encourage the rest of the market to enter it. The initiative. This is in cooperation with the Ministry of Supply and Internal Trade, with the participation of more than 1,600 stores to provide discounts starting from 10% and up to 50%, stressing that the most important is the continuation of the oakazians until the return of schools, which contributes to providing various requirements from school supplies, from ready clothes and leather makers for various Egyptian families with the same rates of discounts. Through the holding company and its outlets that reach more than a thousand consumer complexes at the level of the Republic, where discounts ranging from 5 to 18 % were offered to about 640 commodities that include 15 basic commodities, adding: Then a number of meetings were held with a large number of Egyptian and imported producers in cooperation with various commercial chains, to offer discounts ranging from 5 to 20 % on a counterpart of food commodities and some engineering goods and electrical appliances The house that the percentage of discounts in some brands reached about 35%. And now it decreased to record less than 4000 pounds per ton, which represents a decrease of about 20%. 25%. Reducing the prices of vegetables, fruits and other products, through cooperation with Italian aid and the Italian farmers’ federation. The Ministry of Interior, this is in addition to providing and providing goods and products also through the outlets of the ministries of agriculture and local development, with discounts of discounts of up to 20% on market prices. The greatest at the level of the Republic, and the availability of goods that reduce the various citizens, explaining that during the past three weeks, wholesale prices for basic commodities have witnessed a continuous decrease, including protein prices, where the prices of white poultry witnessed a decrease, as well as the prices of table eggs, stressing that the various needs of the Egyptian family from goods and products witnessed a continuous decrease in their prices. Ezz, thanks to all the heads of the Chambers of Commerce and Industry and its boards of directors, stressing that this represents a partnership between the government and the private sector, as the private sector represents about 80% of the total local production, as well as the volume of employment, explaining that the product of the commodity is at the same time a consumer of another commodity, which confirms the importance of partnership with the government. & Nbsp;



