Egypt’s Leader Urges Hike to Bread Prices Amid Rising Costs
- “It is time to review the price of bread:” President el-Sisi
- Move is part of a broader push to cut government spending
Photographer: Shawn Baldwin/Bloomberg
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Egypt’s president called for an increase in subsidized bread prices as the world’s biggest wheat buyer looks to curb spending and cut the budget deficit at a time of accelerating global inflation.