Exclusive: Egypt’s Supply Minister Says Food Prices Stable

Egyptian Supply Minister Khaled Hanafy has asserted today that commodities and food prices are stable in the commercial markets and it won’t affect by the government’s decision on the raise of fuel prices.

Speaking to Amwal Al Ghad Hanafy said it was agreed will all economic parties system to not to raise the prices.

High fuel prices is inevitable to reduce the budget deficit, Hanafy demanded from the citizens to rationalize energy consumption.

Around what was said concerning in case of increasing fuel prices , commodities prices will raise with 200% , Hanafy illustrated that these statements are invalid.