The division head said the meeting examined the direct effect of the decision on supply inside the local market, and that the Chamber submitted a detailed memorandum carrying traders’ proposals on the timetable.
Analysts expect no immediate effect on consumer prices: current stock covers market needs at least to the end of next quarter.
The figures in brief
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 small trader is not asking for a subsidy. He is asking for one clear rule that does not change every three months.
The Chamber had earlier launched a trader training programme on e-invoicing, taken up by more than 2,100 participants across six governorates.
What it means for traders
- the financial-inclusion drive for traders 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.
Hala Soliman