Analysts expect no immediate effect on consumer prices: current stock covers market needs at least to the end of next quarter.
He added that stock turnover improved by close to 12% over the last quarter, but that the cost of finance remains the first obstacle to expansion in the governorates.
The figures in brief
The Chamber had earlier launched a trader training programme on e-invoicing, taken up by more than 2,100 participants across six governorates.
The small trader is not asking for a subsidy. He is asking for one clear rule that does not change every three months.
Chamber figures put the number of registered businesses at 41,000, up by 3,400 on last year, most of them in retail and logistics.
What it means for traders
- the container shortage at the ports among next quarter’s priorities
- A review of the timetable with the trade divisions
- A monthly report to the federation’s board
The meeting closed by forming a joint Chamber–ministry committee, meeting weekly to follow implementation and reporting monthly to the federation’s board.
Ahmed El-Shahbandar
Samy Guirguis
Hala Soliman