Al Moselhi added that this happened due to the decline in the price of the dollar against the pound in the unofficial market.
The minister assured that Egypt’s strategic reserves of wheat could sufficiently cover Egyptians’ needs for 4 and a half months
The ministry will also extend an additional two kilograms of sugar on ration cards used by four individuals or more
Sugar prices in the local market surged by over 50% in the past few weeks, climbing to EGP 27-50 per kilo with some merchants hoarding the commodity in anticipation of potential government price hikes
Al Moselhi expressed that this initiative aligns with the country's policies to advance digital technologies and financial accessibility
