{"id":635789,"date":"2017-12-13T04:08:47","date_gmt":"2017-12-13T04:08:47","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/12\/13\/supply-ministry-to-rework-bread-subsidy-system-in-six-months-sticks-to-its-guns-on-price-printing\/"},"modified":"2017-12-13T04:08:47","modified_gmt":"2017-12-13T04:08:47","slug":"supply-ministry-to-rework-bread-subsidy-system-in-six-months-sticks-to-its-guns-on-price-printing","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/12\/13\/supply-ministry-to-rework-bread-subsidy-system-in-six-months-sticks-to-its-guns-on-price-printing\/","title":{"rendered":"Supply Ministry to rework bread subsidy system in six months, sticks to its guns on price printing"},"content":{"rendered":"

The Supply Ministry has plans to rework the country\u2019s bread subsidy system by May 2018<\/strong>, Minister Ali El Moselhy announced at a meeting with the Cairo Chamber of Commerce yesterday, Al Mal reports<\/a>. The ministry is looking to curb the rising price of baking and to legislate profit margins for bakeries that are part of the subsidy system, El Moselhy said, without providing further details. The ministry had raised the cost of bread production<\/a> in July to EGP 180 per each 100 kg sack of flour, which yields 1,250 loaves. The subsidy system currently covers 81 mn citizens and the state is prepared to add more beneficiaries if needed, the minister said, according to Youm7<\/a>. Ration card holders are allowed to purchase subsidized goods from any retailers across the country as long as the retailer is linked to the electronic system, the minister said. He had previously issued a decision<\/a> to restrict cardholders\u2019 access to subsidized bread to bakeries in the governorate where they officially reside, but later decided to postpone the move<\/a>.<\/p>\n

The ministry is also working with the Council of State (Maglis Al Dawla) to amend domestic trade laws<\/strong> to \u201cmatch current political and economic conditions,\u201d Al Masry Al Youm reports<\/a>. The story offers no further detail, and we can\u2019t even begin to tease out what this means. This comes as the ministry is implementing a new logistics-focused domestic trade strategy, which El Moselhy unveiled in September<\/a>.<\/p>\n

<\/a> One thing that will remain unchanged is the policy <\/strong>requiring food manufacturers<\/strong><\/a> to clearly list prices on their packaging<\/strong>. El Moselhy said the policy will be strictly implemented once the grace period granted to manufacturers ends as of February 2018, and that all products that do not comply with the policy will be confiscated, AMAY reports<\/a>. According to the minister, manufacturers do not necessarily have to print individual price labels on the products\u2019 packaging<\/strong>. Any means of \u201cclearly listing\u201d the price will do, including providing retailers with a price list to hang in their shops. El Moselhy stressed that this is not a mechanism to impose price controls.<\/p>\n","protected":false},"excerpt":{"rendered":"

The Supply Ministry has plans to rework the country\u2019s bread subsidy system by May 2018, Minister Ali El Moselhy announced at a meeting with the Cairo Chamber of Commerce yesterday, Al Mal reports. The ministry is looking to curb the rising price of baking and to legislate profit margins for bakeries that are part of […]<\/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":[72,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-635789","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"fb7ded69-2345-4ecd-b41d-4956b6d1bc50","order":"0","is_powered_by":true,"section_story_id":"45301b63-1404-4ce3-b9b2-c332ac042bc9","story_type":"1","photo_url":"","photo_position":"above","related_issue":[635771],"teaser":"","voice_url":""},"yoast_head":"\nSupply Ministry to rework bread subsidy system in six months, sticks to its guns on price printing - 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\/2017\/12\/13\/supply-ministry-to-rework-bread-subsidy-system-in-six-months-sticks-to-its-guns-on-price-printing\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Supply Ministry to rework bread subsidy system in six months, sticks to its guns on price printing\" \/>\n<meta property=\"og:description\" content=\"The Supply Ministry has plans to rework the country\u2019s bread subsidy system by May 2018, Minister Ali El Moselhy announced at a meeting with the Cairo Chamber of Commerce yesterday, Al Mal reports. 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According to the minister, the average family of four registered on the government\u2019s subsidy rolls receives 4 kg of\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":635789,"position":3},"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":[]},{"id":568724,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/02\/02\/supply-ministry-to-hold-public-consultations-on-whether-to-shift-to-cash-subsidies\/","url_meta":{"origin":635789,"position":4},"title":"Supply Ministry to hold public consultations on whether to shift to cash subsidies","author":"enterpriseam admin","date":"2 February 2020","format":false,"excerpt":"Supply Ministry further studies shift to cash subsidies: The Supply Ministry will hold public consultations to gauge opinion on the proposed system of doling out cash for food subsidy recipients in place of the current system of in-kind subsidies using ration cards, Supply Minister Aly El Moselhy told the local\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":645340,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/07\/18\/govt-considers-doubling-bread-point-subsidies-on-smart-cards-reuters\/","url_meta":{"origin":635789,"position":5},"title":"Gov\u2019t considers doubling bread point subsidies on smart cards -Reuters","author":"enterpriseam admin","date":"18 July 2017","format":false,"excerpt":"The government is considering doubling the bread subsidies that qualified beneficiaries receive through the Supply Ministry\u2019s smart card system, two government sources told Reuters\u2019 Arabic service. The increase would give each smart card holder EGP 0.20 for every loaf of bread not bought out of the 150 loaves allocated to\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\/635789","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=635789"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/635789\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/635771"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=635789"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=635789"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=635789"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=635789"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=635789"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}