How Will the Cost of a Bread Bundle Be Calculated? A New Decision from the Ministry of Economy Clarifies the Criteria

Based on Decision No. 33/H.S. dated 08/08/2024 establishing a committee to study the cost of producing the Lebanese bread bundle in accordance with developments affecting these costs, particularly workers’ wages;

Based on the Ministry of Finance Decision No. 1/1291 dated 01/12/2011 determining the rates to be applied to total revenues to calculate the fixed net profit, which includes a 15% profit margin for bakeries and bread and pastry products;
Based on Minutes of Meeting No. 9/1538 dated 20/08/2024, following the minister’s approval of an increase in workers’ wages;

Based on the exchange rate of the US dollar;

Based on fuel prices in the market following the lifting of subsidies, as well as the rise in the cost of transporting flour from mills to bakeries and transporting bread from bakeries to sales centers;

In view of the number of hours of electricity outages, the increased reliance on generators, and the rise in diesel prices;

And based on the study conducted by the Ministry of Economy and Trade to determine the quantities of ingredients required to produce the best quality Lebanese bread for consumers.”