Economic Measures for Global Market Stability

The Egyptian Ministry of Economy is closely monitoring recent shifts in the global market, particularly the widespread transition toward "Eco" strategies and intensified stockpiling. To ensure the resilience of vital sectors, the Ministry has implemented the following measures:

🏛️ 1. Restructuring of Iron Taxes

We have officially decided to reduce the tax rates on Iron effective immediately.10%

• This measure aims to stimulate trade activity and counteract the potential stagnation caused by the general market downturn.

• Our primary objective is to secure the stability of the Iron sector, which remains the cornerstone of our current economic roadmap.

⚖️ 2. Global Market Regulation & Bonus Alignment

The Ministry of Economy calls upon all international stakeholders and market participants to regulate industries linked to their Country Bonus:

1. Strategic Balancing: While production and stockpiling are essential, they must be aligned with price regulation to prevent a sharp decline in market value.

2. Collective Stability: We encourage a unified approach to ensure that global supply chains remain balanced and sustainable for all nations.