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Ahmed Musa details government cash aid plan
Journalist Ahmed Musa revealed that the upcoming cash support program will be delivered via smart cards, on which a specific amount will be transferred to citizens, allowing them the freedom to choose the goods they need. Cash will not be directly handed out. He explained that support for subsidized commodities has reached 160 billion Egyptian pounds this year, and it is planned to increase the support amount to 180 billion pounds in the new budget. He affirmed that the price of a loaf of bread within the subsidized system ranges between 137 and 150 qirsh, and that the state is ready to implement a cash support system.
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