Official says cabinet considering increasing price of bread

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Official says cabinet considering increasing price of bread

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Sat, 21/07/2012 - 18:22

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Mohamed El Dahshan

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MENA

Al-Masry Al-Youm

The general department of mills and bakeries at the Federation of Chambers of Commerce has been asked to begin a study on setting the fixed price of bread at 10 piasters instead of five, according to the department head.

Prime Minister Kamal al-Ganzouri has also asked the department to study freeing the milling and baking sector from delivering the bread to the state at fixed prices, said Abdallah Ghorab, head of the department, on Saturday.

On Saturday Ganzouri discussed bread distribution and how resolve worker's low wages with Minister of Supply Gouda Abdel-Khalek and Ghorab.

An official cabinet source, however, denied that the cabinet intends to increase the price of a loaf of bread from five to 10 piastres.

The source told state news agency MENA that President Mohamed Morsy had rejected the suggestion in a recent meeting with Ganzouri, Abdel Khaleq, Ghorab, the internal trade minister and the finance minister.