{"id":652141,"date":"2017-01-02T04:06:19","date_gmt":"2017-01-02T04:06:19","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/01\/02\/state-to-continue-subsidizing-bread-supply-minister-says-prices-to-remain-fixed\/"},"modified":"2017-01-02T04:06:19","modified_gmt":"2017-01-02T04:06:19","slug":"state-to-continue-subsidizing-bread-supply-minister-says-prices-to-remain-fixed","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/01\/02\/state-to-continue-subsidizing-bread-supply-minister-says-prices-to-remain-fixed\/","title":{"rendered":"State to continue subsidizing bread, Supply Minister says prices to remain fixed"},"content":{"rendered":"

The state will continue to subsidize bread in 2017<\/strong>, the price of which will remain unchanged at EGP 0.05 a loaf despite the additional costs of production (currently at EGP 0.5 per loaf), Supply Minister Ali El Sheikh confirmed. According to Al Borsa<\/a>, El Sheikh also said that Egypt\u2019s wheat reserves are enough to cover its needs for the coming five months and that new agreements are in the making to import an additional 900k tonnes.<\/p>\n","protected":false},"excerpt":{"rendered":"

The state will continue to subsidize bread in 2017, the price of which will remain unchanged at EGP 0.05 a loaf despite the additional costs of production (currently at EGP 0.5 per loaf), Supply Minister Ali El Sheikh confirmed. According to Al Borsa, El Sheikh also said that Egypt\u2019s wheat reserves are enough to cover […]<\/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-652141","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"b8bb605c-ebb5-4bdf-9936-10e7880ecc25","order":"0","is_powered_by":true,"section_story_id":"8267c7f1-e89d-4a43-a631-6a77472306dc","story_type":"1","photo_url":"","photo_position":"above","related_issue":[652122],"teaser":"","voice_url":""},"yoast_head":"\nState to continue subsidizing bread, Supply Minister says prices to remain fixed - 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\/01\/02\/state-to-continue-subsidizing-bread-supply-minister-says-prices-to-remain-fixed\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"State to continue subsidizing bread, Supply Minister says prices to remain fixed\" \/>\n<meta property=\"og:description\" content=\"The state will continue to subsidize bread in 2017, the price of which will remain unchanged at EGP 0.05 a loaf despite the additional costs of production (currently at EGP 0.5 per loaf), Supply Minister Ali El Sheikh confirmed. According to Al Borsa, El Sheikh also said that Egypt\u2019s wheat reserves are enough to cover […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/01\/02\/state-to-continue-subsidizing-bread-supply-minister-says-prices-to-remain-fixed\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-01-02T04:06:19+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\/2017\/01\/02\/state-to-continue-subsidizing-bread-supply-minister-says-prices-to-remain-fixed\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/01\/02\/state-to-continue-subsidizing-bread-supply-minister-says-prices-to-remain-fixed\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"State to continue subsidizing bread, Supply Minister says prices to remain fixed\",\"datePublished\":\"2017-01-02T04:06:19+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/01\/02\/state-to-continue-subsidizing-bread-supply-minister-says-prices-to-remain-fixed\/\"},\"wordCount\":86,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/01\/02\/state-to-continue-subsidizing-bread-supply-minister-says-prices-to-remain-fixed\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/01\/02\/state-to-continue-subsidizing-bread-supply-minister-says-prices-to-remain-fixed\/\",\"name\":\"State to continue subsidizing bread, Supply Minister says prices to remain fixed - 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Bakeries are required to purchase the raw materials for bread, including wheat and flour, at market price and then receive monetary compensation from the government for the end product. 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":597092,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/16\/egypts-new-fuel-prices-are-beginning-to-show-their-impact-on-food\/","url_meta":{"origin":652141,"position":2},"title":"Egypt\u2019s new fuel prices are beginning to show their impact on food","author":"enterpriseam admin","date":"16 July 2019","format":false,"excerpt":"The impact of higher fuel prices is beginning to touch food. Exhibit A: The Supply Ministry is studying raising the profit margin of subsidized bread bakeries to offset rising costs incurred by the latest fuel subsidy cuts, Al Mal cited an anonymous source as saying. The government could increase bakers\u2019\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\/578.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":578961,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/01\/19\/what-wheat-is-to-bread-corn-is-to-chickens\/","url_meta":{"origin":652141,"position":3},"title":"What wheat is to bread, corn is to chickens","author":"enterpriseam admin","date":"19 January 2023","format":false,"excerpt":"Commodities once again took center stage on last night\u2019s talk shows as the pundits parsed Prime Minister Madbouly\u2019s presser on everything from wheat to imports \u2014 with a heavy side serving of bread talk as a new subsidies program gets underway.Loaves too dear: The new initiative allowing all citizens to\u2026","rel":"","context":"In "LAST NIGHT\u2019S TALK SHOWS"","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\/332.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":627988,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/06\/20\/car-assemblers-bakers-and-transport-providers-grapple-with-fuel-price-hike\/","url_meta":{"origin":652141,"position":4},"title":"Car assemblers, bakers and transport providers grapple with fuel price hike","author":"enterpriseam admin","date":"20 June 2018","format":false,"excerpt":"Automotive assemblers, bakers and transport providers continue to grappling with the impact of this past weekend\u2019s fuel price hike, the latest in the Sisi administration\u2019s bid to phase our ruinous energy subsidies that disproportionately benefit the wealthy. Subsidized bread production will cost state coffers an additional EGP 5 bn after\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":598439,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/05\/26\/bread-prices-in-egypt-to-remain-unchanged-after-julys-electricity-price-increases\/","url_meta":{"origin":652141,"position":5},"title":"Bread prices in Egypt to remain unchanged after July\u2019s electricity price increases","author":"enterpriseam admin","date":"26 May 2019","format":false,"excerpt":"The price of subsidized bread will remain unchanged despite the expected increase in costs when average electricity prices rise 15% on 1 July, a source from the Supply Ministry told Al Shorouk. The cost to produce a loaf of bread could increase to EGP 0.60-0.62 from EGP 0.55-0.58 when the\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":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/652141","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=652141"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/652141\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/652122"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=652141"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=652141"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=652141"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=652141"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=652141"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}