The directive came during a meeting of the government’s Central Crisis Management Committee, which reviewed measures aimed at safeguarding supplies and rationalizing public spending amid disruptions to global supply chains triggered by the widening regional conflict following the US and Israeli war against Iran.
According to cabinet spokesman Mohamed ElHomosany, the committee examined the availability of key commodities in local markets, with Madbouly stressing the need to maintain comfortable stock levels of basic goods and to respond immediately to any abnormal price increases.
The meeting also reviewed steps taken across government bodies to reduce expenditure as part of broader policies introduced by the government in recent weeks to mitigate the economic impact of the regional escalation.
Senior officials attending the meeting included Deputy Prime Minister for Economic Affairs Hussein Issa, Central Bank Governor Hassan Abdallah, Finance Minister Ahmed Kouchouk, Tourism and Antiquities Minister Sherif Fathy, Supply and Internal Trade Minister Sherif Farouk, Foreign Minister Badr Abdelatty, Petroleum and Mineral Resources Minister Karim Badawi, Investment and External Trade Minister Mohamed Farid, Minister of State for Information Diaa Rashwan, Planning and Economic Development Minister Ahmed Rostom, Industry Minister Khaled Hashem, and Bahaa Ghanem, executive director of the Future of Egypt Sustainable Development Authority.
ElHomosany said the Central Bank governor confirmed that sufficient financial resources are available to secure basic commodities and production inputs required across economic sectors, ensuring the continuity of industrial and economic activity.
He also stressed that Egypt’s foreign currency reserves remain at “safe and reassuring levels.”
The committee further reviewed the implementation of electricity-saving measures ordered earlier by the prime minister, including switching off advertising billboards on major streets and highways and regulating street-lighting systems.
Additional measures include reducing electricity consumption in government buildings during working hours, ensuring all interior and exterior lights are turned off after offices close, and cutting public street lighting in cities, districts, and villages by at least 50 percent during nighttime hours.
ElHomosany added that the government will also hold periodic meetings with the Federation of Egyptian Chambers of Commerce and representatives of sectoral chambers to review future supply contracts and ensure the steady availability of essential commodities.
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