Subsidized local bread details

Sherif Farouk, the Minister of Supply, revealed that the price of a subsidized 70-gram loaf of baladi bread has been set at 150 piastres, and he confirmed that bakeries are committed to this price. He pointed out that there are approximately 32,000 baladi bakeries and 3,000 tourist bakeries across the country, and that the bakery owner sells the loaf for 20 piastres, with the government covering the remaining cost. He explained that the government coordination aims to regulate prices and prevent disruptions, emphasizing that beneficiaries receive financial support to purchase other goods.

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