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Fish prices in Egypt fall by 50 percent as boycott initiative extends across the nation

The coordinator of the Fish Boycott Initiative in Egypt, Wassam al-Safty, announced that the initiative has seen great success since its launch a few days ago, having reached over nine governorates so far and dropping fish prices by 50 percent.

In television statements to the Egyptian “Sada al-Balad” channel, he explained that the initiative aims to enable citizens with limited and middle incomes to buy fish at fair prices.

He added that he was happy with the response of the people of Port Said to the initiative, adding that its spread showcases a clear dissatisfaction with the prices of seafood across the country – which serves as a clear warning to all monopolists.

Fish prices have already started to decline since the launch of the initiative last Sunday, he said, noting that the price of green mackerel has fallen to LE70, while the prices of bream fish of different sizes ranged between LE80-90 and LE110 and salmon is now at LE50.

Safty added that this initiative follows after President Abdel Fattah al-Sisi urged citizens not to buy high-priced goods.

“We all have to put our hands together to be able to live a decent life, the government is supporting us, but we have to be the initiators,” he said.

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