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Home » Egyptians struggle with first bread subsidy cut in decades
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Egyptians struggle with first bread subsidy cut in decades

catfishBy catfishJune 13, 2024No Comments1 Min Read
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Issued on: 07/06/2024 – 10:28Modified: 07/06/2024 – 11:37


01:47

A quadrupling of the price of subsidised bread has made it harder than ever for millions of Egyptians to get by. Eqypt’s government, facing a rising wheat import bill, increased the price of subsidised small loaves of flatbread for the first time in decades on June 1. The loaves are available to more than 70 million people and are vital for the poorest. Even though they are still heavily discounted, the increase to 20 piasters ($0.0042) per loaf from five piasters is one that many households can ill afford.

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