Minister of Supply and Internal Trade Ali Al-Moselhi announced that the Egyptian government has rejected a proposal to increase the price of a kilogram of sugar on ration cards by 43 percent to LE18, while it is now sold at LE 12.6 subsidized price. In statements to the Saudi Asharq TV channel on Sunday, he added that the government will not import sugar currently. The private sector will instead import 250,000 tons of sugar during the next three months, he said. Earlier in June, Moselhi previously called for an increase in the price of subsidized sugar on ration cards from LE 12.6 to LE18 per kilo, compared to LE35 for the price of kilo in the markets. Sugar prices jumped to their highest l
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