The Egyptian Minister of Supply reveals how many loaves of bread consumes annually and comments on the crisis of high prices

The Egyptian Minister of Supply reveals how many loaves of bread consumes annually and comments on the crisis of high prices

According to the Egyptian Minister of Supply Ali Al-Muselhi, the government makes 93 billion loaves annually, even though a loaf presently costs 85 piasters and is available to the general public for 5 piasters.

“There is a decision that we have tried to prove the prices and goods provided by the state, here by talking about the catering card and the loaf of bread, until the end of December this year, this issue is a very important decision to take into account the impact of the global crisis, and what caused the high price in addition to The importance of all factories and stores continuing, so that the price is available,” he said during a press conference in the Council of Ministers.

” As for the consumption of the news, the Minister of Supply explained, “We consume 8. 5 million tons of wheat, including 4 million local tons and 4. 5 million tons of imported. ”
He went on: “After the budget was approved, we offered the Jordan more than 125 pounds for the price of local wheat.

The living clause cost the nation 20 billion pounds to sell it at a price of five piasters, which is an amount above the 51 billion pounds allocated. We produce 93 billion loaves of bread annually, and the cost of a loaf is 85 piasters, while we were surrounded by 65 piasters. Therefore, the support for bread has increased to 71 billion pounds.

The minister noted that oil costs had risen since before Corona and said: “Today, the tonne is $1,050. In addition, sugar prices started to rise globally, but we still sell it in the catering for $10.

5 pounds, the Barra’s lowest price at 14 pounds, and we added flour to the factories when we entered the pasta factory. The decision will last for a month, if necessary, to maintain genuine stability. To be sold at the same prices, without considering any crisis, and we intervened to support some tourist bakeries that cause the phenomenon owing to the accumulation of wheat that is not released.
There is already a price problem, according to Al-Moselhi.

The price of sugar is 14 pounds is a fair price, but blocking goods and not writing the price will enter, and we announce the consumer protection number and complaints number and thus we all cooperated as a government and all parties we can move. ”
From Masrawy.

The Egyptian Minister of Supply provides annual bread consumption figures and remarks on the situation brought on by rising prices.

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Economics