Al-Sisi freezes exports of fish to control local prices - Daily News Egypt - News Summed Up

Al-Sisi freezes exports of fish to control local prices - Daily News Egypt


President Abdel Fattah Al-Sisi stated that the government is to prevent exports of fish in order to control the prices of the cheapest source of protein for Egyptians. Fish witnessed price increases of 90%. Al-Sisi said the government is working on controlling the prices of food and necessary goods according to the mechanisms of the free market. The Central Agency for Public Mobilization and Statistics (CAPMAS) published a report about fish production in Egypt, titled “2017 Annual Bulletin of Fish Production Statistics for 2015,” which was issued on 20 February. The report showed that Egypt’s total fish production reached 1.53 million tonnes in 2015, compared to 1.48 million tonnes in 2014—an increase of 2.5%—due to greater output from fish farms and rice fields.


Source: Daily News Egypt April 26, 2017 14:48 UTC



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