Supervisor Elham AbolFateh
Editor in Chief Mohamed Wadie

Ministry of Supply Plans to Re-register 1.8 Million People


Tue 01 Oct 2019 | 03:21 PM
Ahmed Moamar

Ministry of Supply and Internal Trade has announced that  its offices will continue to receive grievances submitted by citizens who were excluded from getting subsidized food stuff.

It is worth to mention that the  ministry has omitted millions from receiving those goods according to indicators of social justice.

President Abdel Fatah El Sisi directs authorities to re-register those who excluded over the period from February through September this year.

More than 1.8 million will get the subsidized goods again.

Ratios of subsided bread will be handed over to any citizen excluded in the previous months.

Dr Ali Al Moseelhy, Minister of Supply and Internal Trade, stressed that all offices throughout governorates should facilitate procedures of re-registering the excluded people.

He added that he instructed officials to issue cards to those get lower pension, income, widows, porcees or people with chronic diseases.

He affirmed that joining these groups to system of subsided goods seeks to widen umbrella of social protection to the poor.

Egypt has started an ambitious program of economic reforms since three years.

The international financial institutions supported those reforms which include slashing subsidized of fuels, electricity.

Ministry of Supply omitted millions of people receive subsidized goods.

In November 2016, the Executive Board of the IMF approved financial assistance for Egypt in the form of an Extended Fund Facility (EFF) arrangement for SDR 8.59 billion or about US$12 billion. The Executive Board approved the first review on July 13, 2017, the second review on December 20, 2017, the third review on June 29, 2018, the fourth review on February 4, 2019, and the fifth and final review on July 24, 2019.

The EFF supported the authorities' comprehensive economic reform program to restore macroeconomic stability and return Egypt to strong and sustainable growth. More specifically, the program aimed to improve the functioning of the foreign exchange markets, bring down the budget deficit and government debt, and raise growth to create jobs, especially for women and youth. It also aimed to protect the most vulnerable groups in the society during the process of adjustment.