Egypt denies its intention to cancel bread subsidies for ration cards

CAIRO - 25 July 2022: The Egyptian Cabinet's Information and Decision Support Center (IDSC) denied the news spread about the government's intention to cancel bread subsidies for ration card holders.

 

IDSC stated that it had contacted the Ministry of Supply and Internal Trade, which denied the news, stressing that there was no truth to the government's intention to cancel bread subsidies for the holders of ration cards.

 

It added that the ministry continues to distribute subsidized loaves of bread to citizens on ration cards for five piasters without any increase.

 

It pointed to the increase in bread subsidies in the budget for the new fiscal year 2022-2023 to more than LE 22 billion, pointing out that the number of those entitled to bread subsidies has reached about 71 million citizens so far.

 

The IDSC stressed that there are continuous monitoring campaigns on all bakeries in the various governorates of the Republic to identify how easy it is for the citizen to obtain his full share of subsidized bread according to the prices set by the ministry.