Supply Minister: 30 billion pounds lost to bread subsidy corruption

The Egyptian Minister of Supply announced that corruption in the subsidized bread system has reached 30 billion EGP. A total of 850,000 non-eligible citizens—those who own luxury cars, study in foreign schools, hold commercial records, or reside in compounds—have been removed from the support program. He also pointed out that 60% of bakeries do not adhere to the mandated weight of 90 grams for each subsidized bread loaf, as some bakeries bake loaves weighing only 60 grams, resulting in a loss of support that ends up in the pockets of bakery owners. The minister emphasized that the funds saved from removing ineligible individuals will not go to the Ministry of Finance but will be redistributed to support citizens. Additionally, some media figures have called for caution before integrating subsidized bread into the cash support system, especially given the potential reduction of the loaf weight from 90 grams to 70 grams.

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