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#announcement

Prime Minister Mostafa Madbouly announced on 12 December that all retailers will be obligated to have price tags on their goods, and will be subject to periodic inspection tours to ensure enforcement. This decision is the latest of many measures taken by the government to regulate and observe local prices under inflation. In a meeting with Minister of Supply and Internal Trade Ali Moselhi, Madbouly followed up on potential price variations and “unjustified” price hikes. Madbouly insisted that “strict procedures”…