Egypt: Egypt Increases Price for Subsidized Bread for First Time in 36 Years

  |   Attaché Report (GAIN)   |   EG2024-0013
In late May 2024, the Egyptian Government announced its intention to increase the price of subsidized bread (from 5 piasters {$.001} per loaf to 20 piasters {$.004} per loaf) as of June 1, 2024 -- marking the first increase in the price of subsidized bread in Egypt in 36 years. The Government reports the increased price will reduce its subsidy costs – savings which will be used to improve the utilization of bread and reduce waste.

Related Reports

Hong Kong classifies ground meat as prohibited meat under its food legislation. Importers are required to secure a permit from Hong Kong authorities to allow the entry of U.S. meat shipments prior to arrival at Hong Kong’s port.
On June 28, 2024, the Turkish government published biosafety decisions reapproving the import of seven genetically engineered (GE) corn events for feed (Bt11, DAS1507, DAS59122, NK603, GA21, MON89034, MON88017) which had expired, and provided new approvals for three enzymes produced from GE-Aspergillius oryzae for industrial purposes.
Attaché Report (GAIN)

Japan: New Policies for Foreign Ag Labor in Japan

With the aging of the population and the decline in the number of people in rural areas, securing labor in the field of agriculture has become more challenging in Japan.