09:17 PM
Wednesday, May 29, 2024
Dalia Al-Dhanini wrote:
Dr. Ali Al-Moselhi, Minister of Supply and Internal Trade, confirmed that the goal of raising the price of a loaf of bread from 5 piasters to 20 piasters is to maintain the support provided to citizens.
The Minister of Supply added, in a telephone conversation with journalist Ahmed Moussa on the “On My Responsibility” program, broadcast on Sada El Balad channel, on Wednesday evening, that the price of supplying ardab wheat from the Egyptian farmer was priced at 400 pounds in 2006, and now it is 2,000 pounds, and we are continuing to Supporting bread despite the high cost of production.
The Minister of Internal Trade explained that the aim of this decision is to maintain the support provided and granted to citizens, by rationalizing the remaining part of the value of the support on ration cards, as there are about 71 million citizens who obtain bread from ration cards, and they are among the most needy groups. Widows, breadwinner mothers, and others.
He said: 13.4 billion pounds were saved from the increase in the price of bread by 20 piasters, stressing that the bread beneficiaries had nothing to do with the rise in electricity prices.
Al-Moselhi pointed out that what was approved today within the Council of Ministers regarding the price of subsidized bread will contribute to the continuation of support, explaining that the support rate in its current state is greater than it was during the years 2006 and 2007, and that today’s decisions will work to improve Exploiting available resources, while reducing the loss of local bread.
He continued: The citizen on the livelihood card gets 5 loaves of bread per person, indicating that the loaf will cost 20 piasters instead of 5 piasters at the previous time, as of the first of next June.
He stressed: There is no truth to the movement in the prices of food supplies on the ration card, as the price of a kilo of sugar is still 12 pounds and 60 piasters, and rice and oil are the same without change.