The government made the decision in a bid to control the country’s severe budget deficit and within the move raised the price of a sack of flour from LE80 ($11.75) to LE120 ($17.62).
According to the Egypt Independent, hundreds of bakery owners stormed into the headquarters of the Supply Ministry in Cairo in protest last month in protest and continue to decry the new system.
The report suggested that bakers think the government is looking to tighten its grip on the industry.
The General Division of Bakeries – a body in the Egyptian Federation of Chambers of Commerce elected by private bakery owners – is leading the opposition.