Egypt Signals Gradual Shift from Food Subsidies to Direct Cash Support Starting FY 2026/2027

CAIRO — Mostafa Madbouly announced that Egypt is preparing to gradually shift from its longstanding commodity subsidy system to a direct cash-support model for low-income citizens, with implementation steps expected to begin during the 2026/2027 fiscal year. Speaking during the government’s weekly press conference in Cairo, Madbouly said details of the new system would be […] The post Egypt Signals Gradual Shift from Food Subsidies to Direct Cash Support Starting FY 2026/2027 appeared first on The Middle East Observer.