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Monday, 6 June 2016

National Defense Council talks army budget, rationalizing prices

President Abdel Fattah El Sisi presided over a meeting of the National Defense Council on Sunday that discussed the armed forces’ budget for FY2016-17, a security plan for coinciding with the Ramadan, and “measures undertaken by the government to rationalize prices and tackle price hikes and attempts to exploit citizens,” according to an Ittihadiya statement. “The president gave directives to continue exerting efforts in full collaboration between the ministries and relevant state authorities to address price hikes and attempts to monopolize commodities in violation of the law.” No further details were provided.

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