Egyptian president vows to raise price of subsidised bread

1 month ago 15

Egyptian President Abdel Fattah al-Sisi said Tuesday his administration is ready to raise the price of subsidised bread as part of its continued austerity push towards economic recovery. “The time has come for the price of a loaf of bread to increase from 5 piastres ($0.0032 cents),” Sisi said at a televised conference unveiling a…

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