President Abdel Fattah El Sisi asserted that “Egypt is fine” during his meeting with locals in Dakahlia governorate earlier on Thursday.
Interviewed by a number of citizens during his tour of Sherbin Sports Club, Sisi assured the attendees that Egypt is good and the battle and conflict has not yet come to an end and there are people who want Egyptians to live in a permanent worry. However, Egyptian people did not surrender to any malicious schemes, he added.
The president pointed out that the state has been exerting much effort to mitigate the impact of prices rise on the requirements of production at home, adding that around 17 million housing units have been receiving electricity with a third of its price before the increase of gas prices.
However, when electricity prices per unit reached up to 40 to 60 dlrs in Europe, people paid the price for such increase, but it is difficult to do the same in Egypt, the president noted.
He said that the Russia-Ukraine war influenced the rise of prices in wheat, oil and other basic materials.
In Egypt, we buy materials from abroad whether by dollars or euros and the volume of imports is bigger than exports, Sisi explained, adding that the government was handling the problems well until the coronavirus and the war outbreak. However, there has been strenuous efforts to ease the impact of war on Egyptians, he added.
Responding to a question by chicken farms’ owners on the rise of corn prices, Sisi said Egypt imports 7 million tons of corn and there should be plans to maintain the farmland, adding that patience is needed as regards the production requirements in order to pay the prices of food and other basic needs.
He voiced hope that the problems will be settled over the coming two months.
Sisi made it clear that the rise in the prices of fertilizers was due to a rise of gas prices up to 30 or 40 dollars and may be 60 dlrs due to the war, noting that this problem is facing the whole world and not Egypt alone.