Egyptian government announces shift from in-kind to cash subsidies

Prime Minister Mostafa Madbouly on Thursday affirmed that the government is not aiming to reduce the value of subsidies included in the state budget, but instead seeks to ensure they reach eligible groups more efficiently and equitably. He noted that the government is studying a gradual shift from in-kind to cash subsidies. During a cabinet … The post Egyptian government announces shift from in-kind to cash subsidies appeared first on Egypt Independent.