Egypt subsidized bread price update
Media reports have circulated regarding statements from the Egyptian Ministry of Supply about returning the subsidized loaf of bread to a price of 20 piastres for citizens registered on the ration cards, with the government continuing to cover the cost difference, which is approximately 150 piastres per loaf. The new proposals are leaning toward converting bread support into direct cash assistance that beneficiaries can use to buy bread or other goods, aiming to reduce waste and improve the distribution of support to the most needy, while maintaining the current price of the loaf within the existing system.
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