Madbouli: Raising food subsidies to match inflation
Prime Minister Mostafa Madbouly affirmed that the government continues to increase annual allocations for food support and bread subsidies to confront inflation. The value of these allocations has risen from 32.8 billion Egyptian pounds in 2013-2014 to approximately 178 billion pounds currently. The aim is to develop the targeted cash subsidy system so that each household receives a fixed financial amount to meet its basic needs, with a focus on rationalizing the distribution of support to ensure it reaches the deserving recipients. These measures are part of efforts to strengthen social protection programs and to strike a balance between economic reform and alleviating the burden on the most vulnerable groups.
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