Egypt launches new initiative to control goods prices during Ramadan
In light of the difficult economic situation in Egypt, the Ministry of Supply announced May 20 the implementation of the initiative known as “Ahlan Ramadan,” offering goods at low prices.
Egypt’s economy has been seriously weakened as a result of the successive political events triggered on Jan. 25, 2011, and on June 30, 2013, when revolutions sparked terrorist attacks, domestic economic crises and the exhaustion of sources of income — especially tourism.
This weakness was also felt by Egyptian citizens, who were forced to struggle to survive.
