Egypt Eyes Shift to Cash Payments for Nation’s Neediest
Photographer: Daniel Acker/Bloomberg
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The government is studying the possibility of moving to a limited cash payment system in place of the ration card system on which tens of millions rely for basic commodities.
Authorities are consulting with a “number of entities” about the feasibility of the shift, the cabinet said in a statement, without identifying them. A report will be submitted to President Abdel-Fattah El-Sisi, it said, offering no specific time frame.