Supply Ministry raises subsidised bread production cost
Minister of Supply has reached an agreement with the Federation of Egyptian Chambers of Commerce’s bakeries division on Sunday to raise the cost of subsidised bread production to EGP180 per each 100 kg sack of flour (which yields 1,250 loaves), up from EGP160. The new figure covers the increase in diesel prices, which the Supply Ministry will cover. Ministries of supply and finance will coordinate to bring the new prices into effect at beginning of August, according to Supply Minister, Ali Al Moselhy.
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