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Egypt edges towards replacement of food subsidies with cash payments

Egyptians line up to buy subsidised sugar for each person, 2 kilos, in front of supermarket in Cairo

FILE PHOTO: Egyptians line up to buy subsidised sugar for each person, 2 kilos, in front of a supermarket in Cairo, Egypt February 6, 2024. REUTERS/Amr Abdallah Dalsh/File Photo

 AMR ABDALLAH DALSH

CAIRO (Reuters) -A forum set up by Egypt's president began discussing on Monday a possible shift in the country's subsidy programme towards paying cash directly instead of offering food products at reduced prices, a system many economists say could be more efficient.

Any move towards cash payments would be significant because for decades Egypt has provided subsidies on bread and other staples to much of the population, and previous attempts to reform this politically sensitive programme have led to protests.



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