Raising the price of bread in Egypt: a “necessary” economic measure or a burden on the poor?

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  • Ahmed Shousha
  • BBC-Cairo

lady in shoubra

photo released, Getty Images

The smell of fresh bread drew Muhammad to a bakery in one of the side streets of the Agouza neighborhood, in the Giza district, to buy 20 loaves.

Mohamed was holding plastic bags of vegetables, cheese, canned goods, and other household necessities, in which he paid up to 70 Egyptian pounds (about $3), while all the loaves cost him only one Egyptian pound.

The Egyptian Ministry of Supply is currently working on a study to determine the increase in the price of a loaf of bread, to submit its results to the Council of Ministers for discussion.

This comes after Egyptian President Abdel Fattah El-Sisi raised the controversy over the difference in prices, saying, “It is unreasonable for twenty loaves to be the price of one cigarette.”





Source link
https://www.bbc.com/arabic/middleeast-58090000

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