Egypt: The Bakeries Division praises the government's responsibility for bearing the difference in diesel prices for bakeries

Bakery & Bread

Published Mar 24, 2024

Tridge summary

Egypt's Ministry of Supply will subsidize the cost of manufacturing bread in municipal bakeries that use diesel fuel, following President Abdel Fattah El-Sisi’s decision to keep bread prices stable. The Cairo Bakery Owners Division is coordinating bakery operations during Eid al-Fitr to prevent disruptions. The Division is also awaiting a decision from the Ministry on increasing bread production costs after requesting a return of the loaf subsidy, citing rising production costs and financial pressures on the sector.

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Original content

The Bakery Division of the Cairo Chamber of Commerce said that the Ministry of Supply, represented by the Ministry’s General Authority for Supply Commodities, will bear the difference in the cost of manufacturing a loaf of bread produced in municipal bakeries that operate on diesel fuel, after President Abdel Fattah El-Sisi’s decision not to affect the price of a loaf of bread, which contributes to In enhancing work in bakeries and reflects the awareness of the President and the Ministry of the repercussions of the decision on bakeries. For his part, Khaled Fikry, Secretary of the Cairo Bakery Owners Division and the official spokesman for the Division, said that the Supply Directorates and their management have organized the work of bakeries during the Eid al-Fitr period, after the end of the month of Ramadan, so that there is no delay or disruption to the work of bakeries during the upcoming period, adding: “ We aim to distribute Eid al-Fitr vacation days to bakeries in rotation ...

Source: Youm7