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Supply Minister Confirms Continued Support and Fixed Prices
The Minister of Supply and Internal Trade, Sherif Farouk, revealed the government's plan to provide direct financial support to some eligible citizens, in addition to setting a uniform price for the loaf of bread and standardizing the prices of subsidized goods. The new system is expected to increase the amounts deposited by citizens through their supply cards to keep pace with inflation, with the support amounting to 180 billion Egyptian pounds in the new budget. Currently, approximately 65% of citizens are covered by the support system, which continues to undergo dynamic updates and removals to ensure that only eligible beneficiaries receive the assistance.
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