date:Mar 14, 2013
over shortages.
In 2003, a sharp decline in the value of the pound caused the price of non-subsidized bread to soar, leaving more Egyptians buying the cheaper, subsidized flat loaves and triggering supply shortages.
SICK ECONOMY
Despite the weakness of the currency, bread supplies appear ample. Still, wheat imports are down sharply this year as the economic crisis makes it harder for Egypt to arrange payments; between January 1 and February 20, the country bought around 235,000 metric tons (