24 Hrs
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بوابة الشروق
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Bakery Division affirms stable bread prices
The article discusses the transition plan to a cash support system in Egypt. Osama Al-Rifa'i, a member of the General Bakery Division, confirmed that the price of a loaf of bread will remain fixed and will not increase for citizens. Support for bread will be provided through a "Commodity Wallet" system instead of tangible support. The previous practice of distributing five free loaves daily or items such as oil and sugar will be abolished, with the bread subsidy being converted into a platform that provides bread portions without any financial cost. Citizens will simply scan their smart card at the bakery machine to receive a loaf at a fixed price, while maintaining the weight of the loaf at 90 grams and its quality. This new system is set to begin in January, and citizens will receive cash support through the "Conditional Commodity Support" system, ensuring they get bread at a fixed price without bearing additional burdens.
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