{"id":621552,"date":"2018-11-12T04:35:11","date_gmt":"2018-11-12T04:35:11","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/11\/12\/egypt-could-cut-citizens-earning-more-than-egp-7000-per-month-from-subsidy-rolls\/"},"modified":"2018-11-12T04:35:11","modified_gmt":"2018-11-12T04:35:11","slug":"egypt-could-cut-citizens-earning-more-than-egp-7000-per-month-from-subsidy-rolls","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/11\/12\/egypt-could-cut-citizens-earning-more-than-egp-7000-per-month-from-subsidy-rolls\/","title":{"rendered":"Egypt could cut citizens earning more than EGP 7,000 per month from subsidy rolls"},"content":{"rendered":"

<\/a> Gov\u2019t could cut citizens earning more than EGP 7,000 per month from welfare rolls:<\/strong> 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, Al Masry Al Youm reports<\/a>. According to El Moselhy, the EGP 7,000 figure \u2014 which Bloomberg notes<\/a> is double the average monthly wage \u2014 is not final and that the wage cap the government settles on will take into consideration expenses such as electricity consumption and taxes. There are currently some 1 mn ration card holders who clearly do not need to rely on food subsidies, the minister said.<\/p>\n

Trial balloon as ministry takes to the airwaves: <\/strong>The ministry is in the process of removing high-income citizens from the ration card system, Assistant Supply Minister Ibrahim Ashmawy told Al Hayah Al Youm\u2019s Lobna Assal last night (watch, runtime: 1:05<\/a>). The process should eliminate some 4-6 mn moochers from the country\u2019s subsidy rolls, he predicted (watch, runtime: 1:36<\/a>).<\/p>\n

Is the switch to cash subsidies coming next year?<\/strong> The Supply Ministry has reportedly formed a committee to determine the price of subsidized bread loaves as it looks to begin switching to a cash subsidy system as early 1Q2019, ministry sources said<\/a>. The news comes after El Moselhy met last week with bakers of subsidized bread 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

How the system works today: <\/strong>The ministry last looked at changing bread production prices in March<\/a>. The new system could introduce a separate card specifically for subsidized bread. Subsidy card holders are currently given EGP 50 per family member each month to purchase commodities, in addition to each member being allotted five loaves of subsidized bread per day. Surplus bread points can be used to buy other commodities through subsidy vendors.<\/p>\n

Background:<\/strong> Overall spending on commodity subsidies is set to rise 36.6% this fiscal year to EGP 86.18 bn. The government has been considering since July<\/a> reworking eligibility conditions for the commodity subsidies system as it focuses on reducing the number of beneficiaries<\/a> that receive subsidized commodities and raising the number of those eligible for bread subsidies instead during FY2018-19.<\/p>\n","protected":false},"excerpt":{"rendered":"

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, Al Masry Al Youm reports. […]<\/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":[8572],"tags":[779,317,72,550,2380,98,777],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-621552","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-ali-el-moselhy","tag-commodities","tag-enterpriseam","tag-gasc","tag-speed-round","tag-subsidies","tag-supply-ministry","wpautop","entry"],"acf":{"mongo_id":"7cf18daf-247b-40b4-8fc2-53785de40495","order":"0","is_powered_by":true,"section_story_id":"a15c2e1a-a0ba-4774-adfd-bc946bc3f9e7","story_type":"1","photo_url":"","photo_position":"above","related_issue":[621540],"teaser":"","voice_url":""},"yoast_head":"\nEgypt could cut citizens earning more than EGP 7,000 per month from subsidy rolls - 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\/2018\/11\/12\/egypt-could-cut-citizens-earning-more-than-egp-7000-per-month-from-subsidy-rolls\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Egypt could cut citizens earning more than EGP 7,000 per month from subsidy rolls\" \/>\n<meta property=\"og:description\" content=\"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, Al Masry Al Youm reports. 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The government will use a wider basket of data points to determine which citizens are eligible to receive commodity subsidies in a bid to trim welfare rolls and better target subsidies to the truly needy,\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":569707,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/03\/04\/egypt-mulls-increasing-budget-allocations-for-subsidies-in-fy2020-2021\/","url_meta":{"origin":621552,"position":1},"title":"Egypt mulls increasing budget allocations for subsidies in FY2020-2021","author":"enterpriseam admin","date":"4 March 2020","format":false,"excerpt":"BUDGET WATCH- Gov\u2019t mulls increasing subsidy allocations next fiscal year: The government is in talks with the House of Representative to discuss raising allocations for commodity subsidies to at least EGP 96 bn in the FY2020-2021 budget, from EGP 89 bn in the current fiscal year, Supply Minister Ali El\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\/3\/56.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":601780,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/03\/10\/house-econ-committee-summons-el-moselhy-to-review-subsidy-rolls-purge\/","url_meta":{"origin":621552,"position":2},"title":"House Econ Committee summons El Moselhy to review subsidy rolls purge","author":"enterpriseam admin","date":"10 March 2019","format":false,"excerpt":"The House Economics Committee has requested a meeting with Supply Minister Ali El Moselhy to review the ministry\u2019s criteria for purging the nation\u2019s subsidy rolls, Rep. Amr El Gohary said. According to El Gohary, some of the criteria have loopholes that require \u201ca closer look.\u201d The ministry had announced last\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":593057,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/11\/17\/populist-measures-in-egypt-continue-as-govt-announces-lower-food-prices\/","url_meta":{"origin":621552,"position":3},"title":"Populist measures in Egypt continue as gov\u2019t announces lower food prices","author":"enterpriseam admin","date":"17 November 2019","format":false,"excerpt":"Gov\u2019t cuts prices of some core subsidized foodstuffs: The Supply Ministry will reduce the prices of subsidized food commodities starting December, state news agency MENA quoted Supply Minister Aly El Moselhy as saying, according to Reuters. The price cuts include: Cooking oil: By EGP 1 to EGP 8.5 per bottle;Sugar:\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":593141,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/11\/19\/subsidized-food-prices-to-be-reviewed-every-quarter-el-moselhy\/","url_meta":{"origin":621552,"position":4},"title":"Subsidized food prices to be reviewed every quarter -El Moselhy","author":"enterpriseam admin","date":"19 November 2019","format":false,"excerpt":"Subsidized food prices to be reviewed every quarter -El Moselhy: Prices of commodities subsidized by ration cards will be reviewed every quarter in line with the EGP\u2019s performance against the USD, Supply Minister Ali El Moselhy said yesterday, according to Bloomberg. It is clear when the ministry will introduce the\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":652020,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/02\/27\/supply-ministry-plans-to-raise-ration-card-subsidies-by-egp-3-4-a-month\/","url_meta":{"origin":621552,"position":5},"title":"Supply Ministry plans to raise ration card subsidies by EGP 3-4 a month","author":"enterpriseam admin","date":"27 February 2017","format":false,"excerpt":"Supply Ministry planning to raise ration card allowance to up to EGP 25 per person per month: Supply Minister Ali El Moselhy is planning to approach Prime Minister Sherif Ismail with a proposal to raise the monthly allowance for ration card holders to EGP 24-25 from a current EGP 21\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\/621552","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=621552"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/621552\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/621540"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=621552"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=621552"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=621552"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=621552"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=621552"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}