Egypt’s wheat subsidies to increase to EGP 98B in 2023: Madbouly

Updated 1/19/2023 9:43:00 AM
Egypt’s wheat subsidies to increase to EGP 98B in 2023: Madbouly

ArabFinance: Prime Minister Mostafa Madbouly said that the cost of wheat subsidies will be increased to EGP 95 billion by the end of the year, up from EGP 38 billion, according to a cabinet statement on January 19th.

The premier added that the new budget will focus heavily on social protection measures.

Madbouly said that the state would spare no effort to ensure the sufficient availability of the key commodities for citizens.

Tags
Subsidies

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