Sources: Govt considers ending in-kind bread subsidy in coming fiscal year

The government is considering folding Egypt’s in-kind bread subsidy system — relied on by millions nationwide — into the broader cash support system, sources in the Federation of Egyptian Chambers of Commerce told Mada Masr. The cash support system gives low-income households a fixed monthly sum to spend on a range of household goods, but leaves them more exposed to inflation when prices rise, an impact that has already sparked […] The post Sources: Govt considers ending in-kind bread subs...