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Price of bread might increase by 10-15 tetri in July

Price of bread might increase by 10-15 tetri in July
Price of bread might increase by 10-15 tetri in July

The flour subsidy program expires at the end of June, leading to an increase in price.

If the Georgian government does not decide to continue subsidizing wheat flour, the price of bread in July may increase by 10-15 tetri.

Levan Silagava, the head of the Grain Growers Association, has long argued that if the subsidy program did not work, the price of bread would be 15-20 tetri higher.

According to Silagava, the subsidy program, through which the government has ensured the rise in bread prices, is being implemented through two tenders. When announcing the first tender, a 10-GEL subsidy was required from the state for the first quality flour, and within the second tender, a 15-GEL subsidy is required.

GEL 1.3 million has been spent on flour subsidies.

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