Sisi reviews gov't measures to provide basic commodities

CAIRO - 13 November 2017: President Abdel Fatah al-Sisi on Monday held a meeting with Prime Minister Sherif Ismail and CBE Governor Tareq Amer along with the ministers of interior, justice, finance, supply and internal trade.

The meeting was also attended by the heads of the general intelligence and administrative monitoring authority.

In a statement, Presidency Spokesman Bassam Rady said the meeting took up the results of the World Youth Forum (WYF) that was held in Sharm el Sheikh.

Sisi stressed the necessity of implementing the recommendations issued by the WYF and the governmental periodic follow-up to ensure carrying out its resolutions that were issued with the aim of benefiting from the youth's capabilities and depending on them in various domains.

The meeting also tackled governmental measures to provide suitable quantities of basic commodities at reasonable prices nation wide in line with maintaining their strategic stock, Rady added.

Minister of Supply and Internal Trade Ali al Moselhi briefed Sisi on the new bread system that is set to be implemented nation wide.

Sisi directed to intensify monitoring measures of markets and retail outlets to combat monopoly and ensure that goods are sold at suitable prices.

As well, the meeting touched on the current economic situation and the developments of the currency. CBE governor and the minister of finance presented a report on the recent visit of the IMF delegation within the framework of the second periodic review of the Egyptian economic reform program that was praised by the delegation.

During the meeting, they reviewed the work progress of the New Administrative Capital as well as procedures of regulating the process of relocating ministries and governmental institutions along with their employees.

They also discussed the latest regional political developments as well as efforts to combat terrorism.