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Thursday, 4 April 2019

Supply Ministry announces more stringent criteria for third phase of subsidy purge

The Supply Ministry has announced a new set of criteria for the third phase of its purge of welfare rolls. The more stringent criteria for what qualifies as an undeserving moocher includes one-child families that pay more than EGP 30k on school fees or above EGP 20k per child on average, according to a ministry statement. Owning 10 feddans or more of land or a company with capital of EGP 10 mn or more will also be grounds for having subsidy access privileges revoked. Individuals who own one car made in 2015 or later, or more than one car made in 2011 or later, should also expect to be cut from the subsidy rolls. The new rules are meant to trim a deeper layer of subsidy moochers than the first and second phases. The third phase should kick off this month, but the ministry has yet to announce a specific date.

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