Archyde.com quoted Egyptian Minister of Supply He said, “The goal here is to make this important commodity available without exaggerating the gain".
The Egyptian government provides Subsidized bread significantly to more than 70 million out of 104 million Egyptians. Moselhi said the decision would increase the bread sold by the government by up to 10 percent.
With regard to wheat stocks, the Egyptian minister stated that his country aims to buy about four million tons of wheat during the local harvest season, which begins in April. The government said last year it had bought 4.2 million tons.
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Al-Moselhi said that Egyptians who are not included in the support system will be able to buy loaves of bread weighing 90 grams each at cost, using prepaid cards, and that the price has not yet been determined, but it will be less than one Egyptian pound ($0.03), provided that the trial period begins. Wednesday.
Archyde.com quoted Egyptian Minister of Supply “The goal here is to make this important commodity available without exaggerating the gain,” he said.
The Egyptian government provides Subsidized bread significantly to more than 70 million out of 104 million Egyptians. Moselhi said the decision would increase the bread sold by the government by up to 10 percent.
With regard to wheat stocks, the Egyptian minister stated that his country aims to buy about four million tons of wheat during the local harvest season, which begins in April. The government said last year it had bought 4.2 million tons.