Egypt unveils official tourist bread prices: Supply Minister

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Sun, 21 Apr 2024 - 05:48 GMT

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Sun, 21 Apr 2024 - 05:48 GMT

Minister of Supply and Internal Trade, Ali Al Moselhi, made an official announcement regarding the approved prices for tourist bread.
 
 According to the announcement, bread weighing 80 grams will be priced at 150 piasters, while 40 grams of bread will cost 75 piasters and 25 grams will be priced at 50 piasters.
 
In addition, the ministerial decision also established the prices for Vienna bread, with 50 grams priced at 150 piasters and 35 grams costing 100 piasters.
 
To ensure compliance, an official spokesperson from the Ministry confirmed that any violation related to the pricing and distribution of bread will be subject to punishment under Article 9 of Decree-Law No. 163 of 1950.
 
 Furthermore, any violation concerning the weight of bread produced will be punishable under Law No. 281 of 1994.
 
Al Moselhi recently emphasized that the reduction in prices for tourist bread was implemented in response to the recent decrease in flour prices, which ranged between 30 percent and 35 percent.
 
It’s worth noting that in Egypt there are two types of bread, one of them is the tourist bread which is unsubsidized bread that a citizen buys without a ration card.
 
The free or tourist bread has no official regulation. This absence of regulation allows various bakeries to sell loaves with different weights and set prices according to their discretion.
 
The pricing of these bread loaves is determined by factors like the type of flour used and the economic status of their customers.
 
The second one is the subsidized bread, which is sold at a fixed price and weight. This subsidized bread can be purchased exclusively through state-issued bread ration cards.
 

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