Price of tourist bread falls by 25 percent: Bakeries division ...Egypt

The head of the General Bakeries Division at the Federation of Egyptian Chambers of Commerce (FEDCOC), said that the prices of tourist bread are on their way to falling by a rate ranging from 20-25 percent, after the price of fine flour (72 percent extract) declined in the markets. He explained on Monday that this indicates positive results for citizens that buy tourist bread. Ghorab added that the state, represented by the Ministry of Supply and Internal Trade, also bears the difference in the cost of producing subsidized bread for the benefit of the citizen. The subsidized bread is disbursed to ration card holders at a price of five piasters per loaf as part of the political leadership’s k

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Last updated : 17 April 2024 clock 03:29 PM

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Price of tourist bread falls by 25 percent: Bakeries division ...Egypt

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