Supply Ministry reaches agreement with vendors on new system for subsidized commodities

The Supply Ministry reached an agreement with subsidized commodity vendors on a new framework for the distribution of goods under the smartcard system, a ministry source tells Al Shorouk. In addition to ensuring citizens receive their allotted commodities each month, the agreement also requires vendors to pay 50% of products’ value upfront when collecting them from wholesale outlets. It also sets a system in place for the calculation of vendors’ profit margins.