Egypt's trade ministry on Thursday introduced caps on bread prices as people braced for an increase in the cost of living following a revision of fuel prices.
The directive requires bakeries to display prices and volumes of their bread clearly on the storefronts. It also prescribes penalties for overpricing.
President Abdel Fattah El-Sisi warned last week that those accused of price manipulation would be tried in military courts.
The directive requires bakeries to display prices and volumes of their bread clearly on the storefronts. It also prescribes penalties for overpricing.
President Abdel Fattah El-Sisi warned last week that those accused of price manipulation would be tried in military courts.
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