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Food Authority Confirms Stable Bread Prices
The article includes statements from officials of the Ministry of Supply regarding the stability of bread prices in Egypt. They confirmed that there are no plans to increase the prices of subsidized or free bread. The price of subsidized bread will remain fixed at 20 piastres for baked goods on the ration card. Although the price of flour has increased, causing a rise of about 4,000 Egyptian pounds per ton—from 17,000 to 21,000 Egyptian pounds—the officials explained that the Ministry of Supply will allocate quantities of flour through the commodity exchange to ensure market discipline and control prices. The aim is to monitor and stabilize prices at predetermined levels, taking into account the economic conditions affecting factory and household expenses.
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