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Ayman Mohassab on Subsidized Goods Losses

Ayman Mohassab on Subsidized Goods Losses

The article discusses the issue of the subsidy system in Egypt, where officials express concerns about the current quality and effectiveness of subsidized goods. There is a loss rate of up to 30% of the allocated support due to waste and manipulation. Some members of Parliament propose improving the system by excluding ineligible recipients and enhancing the quality of goods, while warning that a complete shift to cash support could lead to increased inflation and higher product prices. Officials indicate that the government is studying the possibility of implementing cash support starting in the upcoming fiscal year.

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