Minister says proposal to decrease Egyptian citizen’s share of bread was rejected ...Egypt

Egypt’s Minister of Supply and Internal Trade Ali al-Moselhi, revealed on Saturday evening that a proposal to reduce the citizen’s share of subsidized bread to three loaves of bread per day has been rejected. Moselhi explained this proposal was raised due to fears of misuse but was rejected as it would negatively impact poorer citizens more than the middle and upper middle classes. The best direction was to raise the price of bread from five piasters to 20 piasters, noting that the relative support in the year 2024-2025 is greater than it was in 2006. During a telephone interview with TV host Lamis al-Hadidi on the“Last Word” (Kalema Akhera) TV show, Moselhi pointed out that the price of a l

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Last updated : 02 June 2024 clock 12:08 PM

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Minister says proposal to decrease Egyptian citizen’s share of bread was rejected ...Egypt

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