Egypt's Sisi calls for price hike on subsidised bread

Sisi did not propose an amount for any potential increase, but any change to the food support system in the world's largest wheat importer are highly sensitive. Bread was the first word in the signature slogan chanted in the 2011 uprising that unseated Egypt's former president, Hosni Mubarak.

Sisi's government has also turned to the IMF, which granted a $12 billion loan in 2016 and a one-year $5.2 billion loan last year. “Nothing stays stagnant like this for 20 or 30 years, with people saying that this number can't be touched.”

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