Egypt.. The government decides the fate of the price of a loaf of bread after the increase in gas

Egypt.. The government decides the fate of the price of a loaf of bread after the increase in gas

The official spokesman for the Ministry of Supply and Internal Trade, Ahmed Kamal, said that the price of natural gas for bakeries is fixed and no increase has been applied to it, which did not affect the price of a loaf of subsidized bread in Egypt.

Kamal added in a statement issued by the Ministry of Supply that “the price of natural gas has been fixed by a decision of the Prime Minister since 2020 for municipal bakeries, and its cost is fully borne by the General Authority for Supply Commodities, and bakery owners have nothing to do with it, so that the price of the subsidized loaf remains fixed for citizens at 20 piasters per loaf.”

Ahmed Kamal said, “Prime Minister’s Decision No. 3001 of 2024, which will be effective starting September 18, 2024, includes EGP 12,000 per ton of bulk gas, excluding transportation freight. This price is specific to the increase in the prices of bulk gas used in filling gas cylinders in cylinder filling factories and has nothing to do with the prices of natural gas used by some tourist bakeries, which were not included in the issued decision with any increase.”

He pointed out that the increase in the price of a 12.5 kg domestic gas cylinder is from 100 to 150 pounds, and the 25 kg commercial cylinder is from 200 to 300 pounds.

On Wednesday, the Ministry of Petroleum in Egypt began implementing the new increase in the selling price of domestic and commercial gas cylinders, according to the decision of the Prime Minister.

According to the decision, the price of domestic gas cylinders was increased from 100 pounds to 150 pounds delivered to the factory, and the price of a gas cylinder for commercial use was increased from 150 pounds to 200 pounds.

The Egyptian Ministry of Petroleum increased the price of a ton of diesel supplied to power generation and production stations from 2,500 pounds to only 6,500 pounds, while maintaining the price for factories and increasing the selling price of bulk gas to 12,000 pounds per ton.

Source: RT

#Egypt. #government #decides #fate #price #loaf #bread #increase #gas
2024-09-20 21:15:08

Leave a Replay