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OPEN// PM reassures citizens on commodity availability

Middle East5 hours ago

CAIRO, June 18 (MENA) - Prime Minister Mostafa Madbouli reassured citizens on Wednesday of the availability of a safe and sufficient strategic stockpile of various essential goods.
He noted, citing the minister of supply and internal trade, that the strategic reserves of key commodities are secure and reassuring.
He also emphasized the government's ongoing efforts to ensure the availability of adequate petroleum products amid "escalating events" to guarantee the continued operation of power stations across the country.
The premier's remarks came while chairing the first meeting of the Crisis Committee that was dedicated to monitoring the repercussions of the Iranian-Israeli military operations.
The meeting was attended by several ministers and senior officials in the state.
Madbouli underlined the continued importance of implementing power-saving measures, instructing all government bodies to strictly adhere to energy conservation protocols.
Madbouli said the formation of this committee aims to monitor developments related to the Iranian-Israeli conflict and assess their impact on domestic affairs.
He further announced that a meeting of the Committee for Market Regulation and Commodity Prices would be held soon to monitor commodity prices, work on market stabilization, and support ongoing efforts to reduce inflation rates.
Cabinet Spokesperson Mohamed el Homsani stated that the meeting reviewed various potential scenarios related to the escalation of the Iranian-Israeli military conflict, including the possibility of rising global prices, especially of petroleum products. (MENA)
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