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Prime Minister: The state still subsidizes each loaf of bread with 105 piasters

Summary by alborsaanews.com
Dr. Mostafa Madbouly, the Prime Minister, said that the state still supports each loaf of bread with 105 piasters, which means that the state will bear 105 billion pounds annually. During a press conference, Madbouly added that the Cabinet made a decision during its meeting today to raise the price of subsidized bread to 20 piasters starting from the beginning of next month. He pointed out [...]
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Dr. Mostafa Madbouly, the Prime Minister, said that the state still supports each loaf of bread with 105 piasters, which means that the state will bear 105 billion pounds annually. During a press conference, Madbouly added that the Cabinet made a decision during its meeting today to raise the price of subsidized bread to 20 piasters starting from the beginning of next month. He pointed out [...]

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alborsaanews.com broke the news in on Wednesday, May 29, 2024.
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