Fearing Cuts to Bread Subsidy, Egyptians Protest 1 234 567

Fearing Cuts to Bread Subsidy, Egyptians Protest

voanews.com

Hundreds of Egyptians protested around the country on Tuesday, blocking roads and surrounding government offices, after a change to the way bread rations are managed raised fears that the government was cutting food subsidies by the back door.

Bread subsidies are an explosive issue in Egypt, where over 70 million receive state rations. Core inflation in the country has soared above 30 percent since Egypt floated its currency in November, securing a $12 billion loan package from the...

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