Egyptian President Abdel Fattah El Sisi affirmed that the measures taken by the government over the past years contributed to increasing livestock production rates.
The government’s participation with the private sector also contributed to increasing the livestock projects, added President Sisi while commenting on a speech delivered by Agriculture and Land Reclamation Minister El Sayed El Quseir in Sadat City in Menoufia Governorate on Monday.
President Sisi underlined the need of upping production rates in the various spheres in order to achieve self-sufficiency and export the surplus abroad.
It is important to make use of the largest area of lands in a bid to control production costs in light of the population growth in Egypt and the increase of prices worldwide, added the president.
The State is exerting strenuous efforts to regulate the market, he said, adding that the global waves of inflation are linked to the repercussions of the Russian-Ukrainian war.
“A major rise in the production cost would have occurred if we dealt with energy prices according to the international rates,” he added.
Egypt is keen on stabilising the energy prices, he affirmed, adding that decision to increase electricity prices has been postponed several times in order to alleviate burden on citizens.
President Sisi, meanwhile, directed the governors to adopt a plan for urban development in the markets nationwide.
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