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Bakery Discount System unchanged
The head of the Bread Division at the Federation of Chambers of Commerce confirmed that the implementation of the "Direct Deduction" system, which the Ministry of Supply and Internal Trade will adopt starting August 1st, does not affect consumers or the support provided to them. The system links bakeries, mills, and the General Authority for Commodity Supplies through a financial cycle, whereby bakery owners receive the manufacturing differences from the 20 piasters paid by citizens for a loaf of bread. The full amounts are transferred to their bank accounts to settle the cost of flour with the mills. He clarified that citizens will continue to receive a 90-gram loaf of bread priced at 20 piasters, with no change in price or weight. The system simply regulates the financial relationship among the parties involved without compromising the rights or support of consumers.
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