{"id":621047,"date":"2024-05-30T00:00:00","date_gmt":"2024-05-30T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2024\/05\/30\/el-moselhy-on-bread-price-hikes\/"},"modified":"2024-05-30T00:00:00","modified_gmt":"2024-05-30T00:00:00","slug":"el-moselhy-on-bread-price-hikes","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2024\/05\/30\/el-moselhy-on-bread-price-hikes\/","title":{"rendered":"El Moselhy on bread price hikes"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Bread prices was the one topic of discussion on the airwaves last night<\/strong> after Prime Minister Moustafa Madbouly announced hikes to the price of subsidized bread.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The rationale:<\/strong> \u201cThe decision to raise the price of subsidized bread will help the state keep the subsidy program going,\u201d Supply Minister Ali El Moselhy told Ala Masouleety\u2019s Ahmed Moussa (<a target=\"_blank\" href=\"https:\/\/www.youtube.com\/watch?v=rh6RdRGOTlM\" style=\"\" rel=\"noopener\">watch, runtime: 31:25<\/a>). The decision aims to create some kind of balance, he added, explaining that the cost of a loaf of bread is currently EGP 1.25 but it sells for only EGP 0.05, meaning that the state covers 96% of its cost. \u201cAfter the new increase the state will bear 84% of the cost, with the citizen bearing only 16%,\u201d El Moselhy told Moussa,<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Bakery owners to weigh in: <\/strong>The Supply Ministry will hold a meeting with municipal bakery owners today to review the cost of subsidized bread, El Moselhy told Masa\u2019a DMC (<a target=\"_blank\" href=\"https:\/\/www.youtube.com\/watch?v=2RVZ96KB_oM\" style=\"\" rel=\"noopener\">watch, runtime: 25:31<\/a>).<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>** We have the full story in the news well, above. <\/strong><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Also making the rounds <\/strong>to weigh in on the topic was cabinet spokesman Mohamed El Homsani who joined Ala Masouleety (<a target=\"_blank\" href=\"https:\/\/www.youtube.com\/watch?v=6MCjlHBxQXk\" style=\"\" rel=\"noopener\">watch, runtime: 21:26<\/a>) and Yahduth Fi Masr (<a target=\"_blank\" href=\"https:\/\/www.youtube.com\/watch?v=TSG9Rly9nxo\" style=\"\" rel=\"noopener\">watch, runtime: 7:21<\/a>).<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bread prices was the one topic of discussion on the airwaves last night after Prime Minister Moustafa Madbouly announced hikes to the price of subsidized bread. The rationale: \u201cThe decision to raise the price of subsidized bread will help the state keep the subsidy program going,\u201d Supply Minister Ali El Moselhy told Ala Masouleety\u2019s Ahmed [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":621048,"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":[7232],"tags":[317,72,106,777],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-621047","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-last-nights-talk-shows","tag-commodities","tag-enterpriseam","tag-last-nights-talk-shows","tag-supply-ministry","wpautop","entry"],"acf":{"mongo_id":"e08e8e24-060a-4361-acea-83bb4bb5d80d","order":"13","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2024\/5\/2538.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Egypt\u2019s Supply Minister discusses bread price hikes","related_issue":[621026],"teaser":"","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/5\/.cd77d42e-8dd2-4e64-b04f-ab15b754de25.mp3"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>El Moselhy on bread price hikes - 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\/2024\/05\/30\/el-moselhy-on-bread-price-hikes\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"El Moselhy on bread price hikes\" \/>\n<meta property=\"og:description\" content=\"Bread prices was the one topic of discussion on the airwaves last night after Prime Minister Moustafa Madbouly announced hikes to the price of subsidized bread. The rationale: \u201cThe decision to raise the price of subsidized bread will help the state keep the subsidy program going,\u201d Supply Minister Ali El Moselhy told Ala Masouleety\u2019s Ahmed [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2024\/05\/30\/el-moselhy-on-bread-price-hikes\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2024-05-30T00:00:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2024\/5\/2538.jpg?fit=%2C&ssl=1\" \/>\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\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/05\/30\/el-moselhy-on-bread-price-hikes\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/05\/30\/el-moselhy-on-bread-price-hikes\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"El Moselhy on bread price hikes\",\"datePublished\":\"2024-05-30T00:00:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/05\/30\/el-moselhy-on-bread-price-hikes\/\"},\"wordCount\":192,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/05\/30\/el-moselhy-on-bread-price-hikes\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2024\/5\/2538.jpg?fit=%2C&ssl=1\",\"keywords\":[\"commodities\",\"EnterpriseAM\",\"LAST NIGHT\u2019S TALK SHOWS\",\"Supply Ministry\"],\"articleSection\":[\"LAST NIGHT\u2019S TALK SHOWS\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/05\/30\/el-moselhy-on-bread-price-hikes\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2024\/05\/30\/el-moselhy-on-bread-price-hikes\/\",\"name\":\"El Moselhy on bread price hikes - 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big talking point last night continued to be the government\u2019s package of social support measures announced on Tuesday.Bread subsidies aren\u2019t changing: Bread prices will not rise and the government is sticking to its plans in the budget, which\u2026","rel":"","context":"In &quot;LAST NIGHT\u2019S TALK SHOWS&quot;","block_context":{"text":"LAST NIGHT\u2019S TALK SHOWS","link":"https:\/\/enterpriseam.com\/egypt\/category\/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":578876,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/01\/17\/subsidized-bread-for-all\/","url_meta":{"origin":621047,"position":1},"title":"Subsidized bread for all","author":"enterpriseam admin","date":"17 January 2023","format":false,"excerpt":"A new scheme offering subsidized bread to all is set to launch tomorrow: People not covered by the ration card system will be able to buy bread from bakeries at cost in a trial of the new scheme that will kick off on Wednesday, Supply Minister Ali El Moselhy was\u2026","rel":"","context":"In &quot;LAST NIGHT\u2019S TALK SHOWS&quot;","block_context":{"text":"LAST NIGHT\u2019S TALK SHOWS","link":"https:\/\/enterpriseam.com\/egypt\/category\/last-nights-talk-shows\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/1\/276.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":578836,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/01\/16\/striking-gas-price-hikes-coming-for-meds\/","url_meta":{"origin":621047,"position":2},"title":"Striking gas + price hikes coming for meds?","author":"enterpriseam admin","date":"16 January 2023","format":false,"excerpt":"The talking heads honed in on Chevron and Eni\u2019s \u201csignificant\u201d EastMed gas find last night (more on that in today\u2019s Energy section.) Elsewhere, the pundits aired a warning that meds could be about to get pricer on the back of the latest EGP deval and looked at new measures to\u2026","rel":"","context":"In &quot;LAST NIGHT\u2019S TALK SHOWS&quot;","block_context":{"text":"LAST NIGHT\u2019S TALK SHOWS","link":"https:\/\/enterpriseam.com\/egypt\/category\/last-nights-talk-shows\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/1\/250.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":621161,"url":"https:\/\/enterpriseam.com\/egypt\/2024\/06\/02\/el-moselhy-continued-to-make-the-rounds-to-weigh-in-on-bread-price-hikes\/","url_meta":{"origin":621047,"position":3},"title":"El Moselhy continued to make the rounds to weigh in on bread price hikes","author":"enterpriseam admin","date":"2 June 2024","format":false,"excerpt":"Another carb-heavy night on the airwaves: The nation\u2019s talking heads didn\u2019t shift their attention from bread prices, following the Madbouly government\u2019s decision to slash bread subsidies, hiking the price of subsidized bread by 300%. Don\u2019t point the finger at the IMF: The IMF had nothing to do with the government\u2019s\u2026","rel":"","context":"In &quot;LAST NIGHT\u2019S TALK SHOWS&quot;","block_context":{"text":"LAST NIGHT\u2019S TALK SHOWS","link":"https:\/\/enterpriseam.com\/egypt\/category\/last-nights-talk-shows\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2024\/6\/70.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":542530,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/01\/02\/expect-a-decision-by-march-on-how-bread-subsidies-will-be-reworked-moselhy\/","url_meta":{"origin":621047,"position":4},"title":"Expect a decision by March on how bread subsidies will be reworked -Moselhy","author":"enterpriseam admin","date":"2 January 2022","format":false,"excerpt":"Subsidies were the topic of the night on the talkshows as Supply Minister Ali El Moselhy phoned into Ala Mas\u2019ouleety to discuss the government\u2019s plans to increase the price of subsidized bread (watch, runtime: 8:14 | 7:39 | 3:52). The ministry is considering several scenarios \u2014 which include targeted subsidy\u2026","rel":"","context":"In &quot;LAST NIGHT\u2019S TALK SHOWS&quot;","block_context":{"text":"LAST NIGHT\u2019S TALK SHOWS","link":"https:\/\/enterpriseam.com\/egypt\/category\/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":544392,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/03\/01\/last-nights-talk-shows-war-wheat-bread-and-babies\/","url_meta":{"origin":621047,"position":5},"title":"Last Night\u2019s Talk Shows: War, wheat, bread, and babies","author":"enterpriseam admin","date":"1 March 2022","format":false,"excerpt":"Russia-Ukraine took center stage on our airwaves again: Kelma Akheera\u2019s Lamees El Hadidi discussed possible actions by the UN Security Council on the invasion of Ukraine with Assistant Secretary-General of the Arab League Hossam Zaki (watch, runtime: 7:10) before turning to Al Ahram Center for Political and Strategic Studies\u2019 Mohamed\u2026","rel":"","context":"In &quot;LAST NIGHT\u2019S TALK SHOWS&quot;","block_context":{"text":"LAST NIGHT\u2019S TALK SHOWS","link":"https:\/\/enterpriseam.com\/egypt\/category\/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":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/621047","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=621047"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/621047\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/621026"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/621048"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=621047"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=621047"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=621047"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=621047"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=621047"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}