Supply Minister denies plans to raise subsidy card allowances

The government is not planning on increasing ration card holders’ monthly allowances next month, Supply Minister Ali El Moselhy tells Al Mal. Reports had emerged last month that the government is planning to roll out a EGP 15 bn social protection package in July, which would include a “marginal” increase in the monthly allowance ration card holders use to purchase subsidized commodities. Each card holder is currently given EGP 50 per family member each month to purchase commodities, in addition to 150 loaves of bread per person per month.