1 Day
Source:
المصري اليوم
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Government policies on food and energy
The Egyptian government announced the adoption of the new general budget for the fiscal year 2026/2027, with total expenditures amounting to approximately 8.186 trillion Egyptian pounds. The budget focuses on regulating spending and distributing allocations across various sectors. Regarding the subsidized bread file, it was confirmed that the price of a loaf remains at 20 piastres, with no changes, and a direct deduction system will be implemented starting August. Unused bread vouchers can be converted into bread points, which can be used for essential goods. Additionally, the Supply Authority has provided a service to update support exclusion data through 500 post offices and the Egypt Digital platform to facilitate appeals. In the energy sector, officials denied any intention to re-implement power load shedding plans, emphasizing that the grid is operating efficiently and can accommodate the current increase in consumption, with the maximum expected load rising to more than 39,000 megawatts without compromising electrical supply stability.
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