ArabFinance: The Egyptian government will offer subsidized bread for citizens not enrolled in its bread subsidy program under the country’s ration cards, Supply Minister Ali El-Moselhy was quoted as saying by Reuters on January 16th.
He added that this would be through newly issued pre-paid cards, by which citizens would be able to buy subsidized 90-gram loaves, with the trial phase set to kick off on Wednesday, January 18th.
Moselhy revealed that the new scheme is expected to increase the amount of bread sold by the government by up to 10%.
The prepaid cards will be sold at post offices for around EGP 100.