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الشرق الأوسط
Egyptian government maintains cash support despite concerns
The Egyptian government is working on implementing a cash subsidy system as an alternative to the targeted subsidies program, aiming to expand beneficiaries' options to include red meats and poultry, instead of supporting specific goods. This shift seeks to enhance social justice and give citizens the freedom to choose their needs. However, there are concerns that the lack of clarity regarding the value of the financial support allocated and the shortcomings of market regulation mechanisms might lead to traders benefiting at the expense of the most vulnerable groups, especially amid inflation that reached 14.9% in July 2024. The debate continues over the extent to which cash support can effectively protect citizens' purchasing power and meet their needs.
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