The Finance Ministry has earmarked an additional EGP 500 mn for supply commodities and bread points to offset rising costs from the EGP float in November, Deputy Finance Minister Mohamed Maait told Al Mal. The increase brings the total allocated funds towards supply commodities up to EGP 2.2 bn from EGP 1.7 bn, he says, attributing the increase primarily towards imported wheat and diesel used to power supply bakeries.

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