President Sisi said the government is working on a programme to increase the supply of basic commodities in order to control inflationary pressures within two months. This increase in the purchasing power was not met by a similar increase in the market supply, President explained, adding that the government would work on controlling the prices despite the instability in the exchange rates. The control of inflation will come regardless of the exchange rate, the President says, in a further hint of an upcoming EGP adjustment, in our view. (Reuters, Mohamed Abu Basha)