Egypt to sell discounted bread to fight inflation - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.

📆 16.01.2023 22:31:00
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Egypt’s government will start selling discounted bread to people not enrolled in its bread subsidy programme as it battles accelerating inflation, says the supply minister on Monday.

Image: ReutersEgypt’s government

People will be able to buy 90g loaves at cost price using pre-paid “debit cards”, says Ali Moselhy, adding the price was yet to be decided but would be less than 1 Egyptian pound , with a trial period starting on Wednesday. Egypt’s government already provides heavily subsidised bread to more than 70 million of its 104 million citizens.

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