EGYPT in Deep Trouble – Bread Prices Quadruple as $8 Billion IMF Loan Conditions are Implemented
Video Summary Egypt is a country struggling to manage its economy, with 60% of its population living below the poverty line. The country’s bread, a staple food item, is heavily subsidized to help feed its people. The government’s decision to quadruple the price of subsidized bread from 5 to 20 pastas (approximately 1 US cent) […]