The Ministry of Supply and the cabinet are considering substantial modifications to the ration system after the completion of the ration cards filtration by the end of January.
The ministry raised the price of oil to EGP 12 instead of EGP 10, sugar to EGP 8 instead of EGP 7, and vegetable ghee to EGP 12 instead of EGP 10 on ration cards on Tuesday.
Sources at the ministry said that the state is bearing EGP 3 subsidy after raising the price of sugar to EGP 8 per kilogramme, and the ministry is bearing EGP 6 subsidy on the bottle of oil sold at a price of EGP 12 per kilogramme.
The sources added that the ministry is currently studying with the cabinet of ministers the possibility of increasing the subsidy on the ration cards, after completing the filtration of the cards and determining the value of the increase per individual on the ration card.
The sources added that the ministry is working on increasing the quantities of sugar provided by the commercial and industrial sectors, after starting the local production of sugar from beets. The sources excluded price hikes to the commercial and industrial sectors.
