Struggling Egyptians face challenges as government cuts first-ever bread subsidy
A fourfold surge in the cost of subsidized bread has severely impacted countless Egyptians struggling to make ends meet. The government of Egypt, grappling with a growing bill for imported wheat, raised the price of subsidized small flatbread loaves for the first time in many years on June 1st. These loaves, which are accessible to over 70 million individuals and are crucial for the most impoverished, have seen their price jump from five piasters to 20 piasters ($0.0042) per loaf. Despite still being heavily discounted, this…