subsidies

Egyptians protest over fears of bread subsidy cuts
Egypt

Egyptians protest over fears of bread subsidy cuts

Hundreds of Egyptians protested around the country on Tuesday, blocking roads and surrounding government offices, after a change to the…
Supply minister considers limiting share of bread to 3 loaves per capita
Egypt

Supply minister considers limiting share of bread to 3 loaves per capita

Minister of Supply Ali Moselhy is looking into a proposal to limit the share of subsidized bread per capita from five…
IMF bailout for Egypt seeks major reduction in public debt
Business

IMF bailout for Egypt seeks major reduction in public debt

The International Monetary Fund said on Friday that its $12 billion bailout program for Egypt aims to reduce the country's…
Egypt currency floatation drives up budget deficit
Business

Egypt currency floatation drives up budget deficit

The decision to float the Egyptian pound caused confusion and revealed flaws in government estimates, which led, in preliminary indicators,…
Basic commodity reserves are secure, being bolstered: minister
Business

Basic commodity reserves are secure, being bolstered: minister

The Ministry of Supply and Internal Trade is currently working to build up a six-month strategic reserve of basic commodities,…
Muslim Brotherhood members detained for planning protests on Nov. 11
Egypt

Muslim Brotherhood members detained for planning protests on Nov. 11

Prosecutors have ordered the detention of seven suspects pending investigation on charges of inciting protests on November 11.The order was…
Citizens mob vehicles selling subsidized foodstuffs at discounted prices
Business

Citizens mob vehicles selling subsidized foodstuffs at discounted prices

Thousands of people in the city of Matariyya, in Daqahlia governorate, crowded around vehicles selling subsidized foodstuffs and gas cylinders…
Egypt to boost subsidies on household goods to balance currency devaluation
Egypt

Egypt to boost subsidies on household goods to balance currency devaluation

The Egyptian government is planning to increase subsidies on household goods to prevent soaring prices resulting from an imminent currency…
Health minister announces ‘new system’ of infant milk sales amid protests over shortage
Egypt

Health minister announces ‘new system’ of infant milk sales amid protests over shortage

Subsidised infant milk will only be available in 1,005 outlets throughout the country, Egypt's health minister said on Thursday after…
Actual price of heavily subsidized metro tickets LE25: Transport Ministry
Egypt

Actual price of heavily subsidized metro tickets LE25: Transport Ministry

The Transportation Ministry has released details of a study showing that ticket prices for the Cairo metro system are very…
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