The decision to increase the price of the loaf came 30...

The decision to increase the price of the loaf came 30...
The decision to increase the price of the loaf came 30...
Attia Hammad chief confirmed bakery division At the Cairo Chamber of Commerce, moving the price of the subsidized municipal loaf came 30 years late.

He added in statements to Akhbar Al-Youm’s portal: “I strongly support President Sisi’s talk about increasing the price of the subsidized loaf, especially since the actual cost of the loaf is about 61 piasters, the state bears 56 piasters, and the citizen pays only five piasters of the actual cost.”

Hammad explained that the municipal bakeries dedicated to the production of subsidized loaves produce about 300 million loaves per day, with the state bearing the difference in production cost 56 piasters for each loaf.

Hammad called on the Ministry of Supply to tighten control over bakeries and mills, as loaf price increase It is expected that this will result in smuggling the flour to the black market.

It is worth noting that President Abdel-Fattah El-Sisi said that the state is about to increase the price of a loaf of bread, saying: “It is time to increase the price of a loaf of bread… It is impossible for the price of 20 loaves to be equal to a cigarette.”

President Sisi added, during his speech during the inauguration of the city Industrial food Silo Foods Today, Tuesday, in Sadat City, he will bear the responsibility for increasing the price of a loaf of bread, and will not leave the matter to the government alone, denouncing the perpetuation of the price of a loaf of bread for 30 years.

Read also Elections of the bakery division of the Chamber of Commerce in Matrouh

These were the details of the news The decision to increase the price of the loaf came 30... for this day. We hope that we have succeeded by giving you the full details and information. To follow all our news, you can subscribe to the alerts system or to one of our different systems to provide you with all that is new.

It is also worth noting that the original news has been published and is available at and the editorial team at AlKhaleej Today has confirmed it and it has been modified, and it may have been completely transferred or quoted from it and you can read and follow this news from its main source.

Author Information

I am Joshua Kelly and I focus on breaking news stories and ensuring we (“Al-KhaleejToday.NET”) offer timely reporting on some of the most recent stories released through market wires about “Services” sector. I have formerly spent over 3 years as a trader in U.S. Stock Market and is now semi-stepped down. I work on a full time basis for Al-KhaleejToday.NET specializing in quicker moving active shares with a short term view on investment opportunities and trends. Address: 838 Emily Drive Hampton, SC 29924, USA Phone: (+1) 803-887-5567 Email: [email protected]