{"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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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":621552,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/11\/12\/egypt-could-cut-citizens-earning-more-than-egp-7000-per-month-from-subsidy-rolls\/","url_meta":{"origin":599343,"position":2},"title":"Egypt could cut citizens earning more than EGP 7,000 per month from subsidy rolls","author":"enterpriseam admin","date":"12 November 2018","format":false,"excerpt":"Gov\u2019t could cut citizens earning more than EGP 7,000 per month from welfare rolls: There is a \u201cdirection\u201d within government to cut Egyptians earning more than EGP 7,000 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":567148,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/01\/14\/get-house-approval-before-making-subsidies-changes-abdel-aal-tells-govt\/","url_meta":{"origin":599343,"position":3},"title":"Get House approval before making subsidies changes, Abdel Aal tells gov\u2019t","author":"enterpriseam admin","date":"14 January 2020","format":false,"excerpt":"Abdel Aal reminds gov\u2019t switching to cash food subsidies needs House approval: The Supply Ministry\u2019s plans must earn a stamp of approval from the House of Representatives, Ahram Online reported House Speaker Ali Abdel Aal as saying yesterday. Abdel Aal wagged his finger at Supply Minister Ali El Moselhy for\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\/2020\/1\/595.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":573811,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/08\/18\/egypts-supply-ministry-raises-compensation-for-subsidized-bread-bakers\/","url_meta":{"origin":599343,"position":4},"title":"Egypt\u2019s Supply Ministry raises compensation for subsidized bread bakers","author":"enterpriseam admin","date":"18 August 2020","format":false,"excerpt":"The Supply Ministry is paying bakeries a higher fee for producing subsidized bread, according to a decision seen by Al Mal. Bakeries are required to purchase the raw materials for bread, primarily subsidized flour, from millers and then receive monetary compensation from the government for the end product. Bakeries that\u2026","rel":"","context":"In "Basic Materials + Commodities"","block_context":{"text":"Basic Materials + Commodities","link":"https:\/\/enterpriseam.com\/egypt\/category\/basic-materials-commodities\/"},"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":5},"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. Spending on bread subsidies is presently set to ring in at EGP 37.1\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":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/599343","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=599343"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/599343\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/599308"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=599343"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=599343"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=599343"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=599343"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=599343"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}