PM issues decision fixing unsubsidised bread price

CAIRO – Egyptian Prime Minister Moustafa Madbouli issued on Monday a decision on fixing the price of unsubsidised bread at all outlets and bakeries.

Under the decision, the 45-gramme bread loaf will be at LE0 piasters, the 65-gramme loaf at LE75 piasters, and the 90-gramme loaf at one pound.

The 40-gramme French bread loaf will be sold at LE50 piasters, the 60-gramme loaf at LE75 piasters and the 80-gramme loaf at one pound.

Violators of this decision could face a fine of LE100,000 minimum and LE5 million maximum.