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The Minister of Petroleum and Mineral Resources announced that Egypt's crude oil production has increased to more than 540,000 barrels per day following a period of decline, thanks to the efforts of the Egyptian General Petroleum Corporation and its companies. He also pointed out that the government aims to develop the food subsidy system, which had allocations of around 140 billion Egyptian pounds in the 2023-2024 fiscal year, and will be increased to between 175 and 180 billion pounds in the new budget.
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