Egypt’s prime minister sets price of unsubsidized bread

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Egyptian traditional loaves of bread are seen on shelves from the oven at a bakery in Cairo’s southeastern Mokattam district, as the prices of basic goods in Egypt have risen since Russia’s invasion of Ukraine, in Egypt, March 16, 2022. REUTERS/Amr Abdallah Dalsh

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CAIRO, March 21 (Reuters) – Egypt’s Prime Minister Moustafa Madbouly set on Monday the price of unsubsidized bread at 11.5 Egyptian pounds ($0.66) per kilogram, according to a statement from his office.

President Abdel Fattah al-Sisi last week asked the government to set a price for unsubsidized bread following recent bread price increases.

($1=17.4200 Egyptian pounds)

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Reporting by Momen Atallah, writing by Maher Chmaytelli; Editing by Toby Chopra

Our Standards: The Thomson Reuters Trust Principles.

Egyptian traditional loaves of bread are seen on shelves from the oven at a bakery in Cairo’s southeastern Mokattam district, as the prices of basic goods in Egypt have risen since Russia’s invasion of Ukraine, in Egypt, March 16, 2022. REUTERS/Amr Abdallah DalshRegister now for FREE unlimited access to Reuters.comCAIRO, March 21 (Reuters) – Egypt’s Prime Minister Moustafa Madbouly set on Monday the price of unsubsidized bread at 11.5 Egyptian pounds ($0.66) per kilogram, according to a statement from his office.President Abdel Fattah al-Sisi last week asked the government to set a price for unsubsidized bread following recent bread price increases.($1=17.4200 Egyptian pounds)Register now for FREE unlimited access to Reuters.comReporting by Momen Atallah, writing by Maher Chmaytelli; Editing by Toby ChopraOur Standards: The Thomson Reuters Trust Principles.

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