{"id":599343,"date":"2019-06-25T04:00:06","date_gmt":"2019-06-25T04:00:06","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/06\/25\/supply-ministry-in-talks-with-finmin-bakeries-over-switching-subsidies-to-cash-handouts\/"},"modified":"2019-06-25T04:00:06","modified_gmt":"2019-06-25T04:00:06","slug":"supply-ministry-in-talks-with-finmin-bakeries-over-switching-subsidies-to-cash-handouts","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/06\/25\/supply-ministry-in-talks-with-finmin-bakeries-over-switching-subsidies-to-cash-handouts\/","title":{"rendered":"Supply Ministry in talks with FinMin, bakeries over switching subsidies to cash handouts"},"content":{"rendered":"

The Supply Ministry is in talks with the Finance Ministry, subsidized bread bakeries, and other key stakeholders over its planned shift from in-kind subsidies to cash handouts, an unnamed source from the ministry\u2019s General Authority for Supply Commodities (GASC) tells Al Mal<\/a>. The source denied recent reports that there are concrete plans to make the switch as of next month. Supply Minister Ali El Moselhy had previously held meetings<\/a> with bakery owners to look into a new system whereby subsidy recipients would receive cash handouts, rather than points on their ration cards with which to purchase bread.<\/p>\n","protected":false},"excerpt":{"rendered":"

The Supply Ministry is in talks with the Finance Ministry, subsidized bread bakeries, and other key stakeholders over its planned shift from in-kind subsidies to cash handouts, an unnamed source from the ministry\u2019s General Authority for Supply Commodities (GASC) tells Al Mal. The source denied recent reports that there are concrete plans to make the […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[9346],"tags":[2376,72,276,98,777],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-599343","post","type-post","status-publish","format-standard","hentry","category-egypt-politics-economics","tag-egypt-politics-economics","tag-enterpriseam","tag-finance-ministry","tag-subsidies","tag-supply-ministry","wpautop","entry"],"acf":{"mongo_id":"15a51a43-409f-4986-9668-b108ff1942a1","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[599308],"teaser":"","voice_url":""},"yoast_head":"\nSupply Ministry in talks with FinMin, bakeries over switching subsidies to cash handouts - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2019\/06\/25\/supply-ministry-in-talks-with-finmin-bakeries-over-switching-subsidies-to-cash-handouts\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Supply Ministry in talks with FinMin, bakeries over switching subsidies to cash handouts\" \/>\n<meta property=\"og:description\" content=\"The Supply Ministry is in talks with the Finance Ministry, subsidized bread bakeries, and other key stakeholders over its planned shift from in-kind subsidies to cash handouts, an unnamed source from the ministry\u2019s General Authority for Supply Commodities (GASC) tells Al Mal. The source denied recent reports that there are concrete plans to make the […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2019\/06\/25\/supply-ministry-in-talks-with-finmin-bakeries-over-switching-subsidies-to-cash-handouts\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2019-06-25T04:00:06+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/06\/25\/supply-ministry-in-talks-with-finmin-bakeries-over-switching-subsidies-to-cash-handouts\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/06\/25\/supply-ministry-in-talks-with-finmin-bakeries-over-switching-subsidies-to-cash-handouts\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Supply Ministry in talks with FinMin, bakeries over switching subsidies to cash handouts\",\"datePublished\":\"2019-06-25T04:00:06+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/06\/25\/supply-ministry-in-talks-with-finmin-bakeries-over-switching-subsidies-to-cash-handouts\/\"},\"wordCount\":111,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"Egypt Politics + Economics\",\"EnterpriseAM\",\"Finance Ministry\",\"subsidies\",\"Supply Ministry\"],\"articleSection\":[\"Egypt Politics + Economics\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/06\/25\/supply-ministry-in-talks-with-finmin-bakeries-over-switching-subsidies-to-cash-handouts\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2019\/06\/25\/supply-ministry-in-talks-with-finmin-bakeries-over-switching-subsidies-to-cash-handouts\/\",\"name\":\"Supply Ministry in talks with FinMin, bakeries over switching subsidies to cash handouts - 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per month from the nation\u2019s subsidy rolls, Supply Minister Ali El Moselhy said at a meeting with the House Legislative Committee yesterday,\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":651574,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/02\/15\/finance-ministry-earmarks-egp-500-mn-for-supply-commodities\/","url_meta":{"origin":599343,"position":2},"title":"Finance Ministry earmarks EGP 500 mn for supply commodities","author":"enterpriseam admin","date":"15 February 2017","format":false,"excerpt":"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\u2026","rel":"","context":"In "Egypt Politics + Economics"","block_context":{"text":"Egypt Politics + Economics","link":"https:\/\/enterpriseam.com\/egypt\/category\/egypt-politics-economics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":634027,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/01\/03\/supply-ministry-in-the-limelight-following-price-printing-policy-and-ahead-of-other-reforms\/","url_meta":{"origin":599343,"position":3},"title":"Supply Ministry in the limelight following price-printing policy and ahead of other reforms","author":"enterpriseam admin","date":"3 January 2018","format":false,"excerpt":"The Supply Ministry was in the limelight on the airwaves last night, a day after it passed its price-printing policy, and ahead of other anticipated reforms.Minster Ali El Moselhy told Hona Al Asema\u2019s Lamees Al Hadidi that moving from in-kind subsidies to cash handouts requires thorough studies, without which the\u2026","rel":"","context":"In "Enterprise+: Last Night\u2019s Talk Shows"","block_context":{"text":"Enterprise+: Last Night\u2019s Talk Shows","link":"https:\/\/enterpriseam.com\/egypt\/category\/enterprise-last-nights-talk-shows\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":646542,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/06\/18\/supply-ministry-bakers-angling-for-increase-in-earmark-for-bread-subsidies-in-the-next-budget\/","url_meta":{"origin":599343,"position":4},"title":"Supply ministry, bakers angling for increase in earmark for bread subsidies in the next budget","author":"enterpriseam admin","date":"18 June 2017","format":false,"excerpt":"Look for additional spending on bread subsidies in the 2017-18 state budget as the Supply Ministry and Federation of Chambers of Commerce both lobby the Finance Ministry for more generous earmarks for the subsidy, Al Mal reports. 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