You are using software which is blocking our advertisements (adblocker).

As we provide the news for free, we are relying on revenues from our banners. So please disable your adblocker and reload the page to continue using this site.
Thanks!

Click here for a guide on disabling your adblocker.

App icon
FreshPublishers
Open in the app
OPEN

Egypt’s police step in to combat potato shortage

Egypt's police are fighting a potato shortage that has caused prices to soar beyond the reach of many. Pro-government newspapers and TV stations have been publicizing raids on warehouses where authorities say businessmen are hoarding potatoes to try to drive up prices. The raids have showcased the lengths to which authorities are willing to go to prevent popular discontent from boiling over, as they are already impose a slew of austerity measures intended to reform the economy.

For the first time, the Interior Ministry, responsible for police actions, has begun selling potatoes at reduced prices at temporary outlets, drawing long lines of customers. The move mirrors what the military has done for years, selling food from trucks deployed across the country.

The shortages are coming at a delicate time, with Egyptians bracing for a new round of price hikes early next year. Many expect fuel costs to rise again, which would have a domino effect on other goods, including farm produce.

"A tough message has been sent out and that is the government will not stand idly by while hoarding basic items is being done," Agriculture Minister Ezzedine Abu Stait said in a television interview about the police raids. "We are not saying that merchants should not turn a profit, we are just saying that the profit must be fair."

Source: newsobserver.com

Publication date:

Related Articles → See More