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Egypt quadruples subsidized bread price, first hike in 30 years

Egypt has increased the price of subsidized bread by 300%, the first such increase in over three decades, as the government moves towards a cash subsidy

Egypt hikes bread prices for first time in 30 years, highlighting economic struggle

Egypt to raise subsidized bread price for 1st time in 3 decades

Egypt to raise subsidized bread price for 1st time in 3 decades
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Prime Minister inspects agricultural, industrial, and technological projects in Beheira, Alexandria

Egypt has to raise bread prices but will still be largely subsidized, PM says

Egypt has to increase the prices of bread, an essential commodity that is heavily subsidised in one of the world's biggest wheat importers, but it will still "largely be subsidised", Prime Minister Mostafa Madbouly said on Monday. Egypt will also look to into "balancing" prices of petroleum products by the end of 2025, to ease their cost in the state budget, but gasoline prices will remain subsidised, Madbouly added.

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