Egyptian Minister of Supply, 84 billion pounds annually to subsidize bread and food commodities

Published 2021년 3월 8일

Tridge summary

The article outlines the significant annual subsidy of bread and food commodities in Egypt, totaling 84 billion pounds, as revealed by the Minister of Supply and Internal Trade, Dr. Ali Al-Moselhy. The government maintains a flour reserve in bakeries to ensure a consistent supply and distributes large quantities of crude oil, sugar, and rice, among other essentials. The article also reports on various seizures of underweight or non-compliant bakeries' products, illegal oil and tahini, and unsuitable food stocks from restaurants in different governorates. Consumers are urged to report any fraudulent activities or price violations through dedicated hotlines.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Dr. Ali Al-Moselhy, Minister of Supply and Internal Trade, said that the state subsidizes bread and food commodities with an estimated 84 billion pounds annually, and indicated that the ministry provides a reserve of flour in bakeries for a 3-day quota in addition to the daily quota, and the ministry also pumps large quantities of oil And sugar and rice, in addition to other commodities that exist in the system, to the outlets for disbursing food supplies. And in implementation of these directives, the ration directorates announced a number of seizures, on top of which was the Minya Supply Directorate, which confirmed the release of (17 minutes for underweight bakeries, and 18 minutes for bakeries that do not conform to the specifications, as well as 700 liters of oil and tahini were seized of unknown source. And in the Luxor governorate, the directorate seized 100 tons (fish - meat - poultry) in a restaurant not suitable for human consumption, and in the Gharbia governorate (10 ...

Source: Amwalalghad