{"id":544554,"date":"2022-03-09T03:32:54","date_gmt":"2022-03-09T03:32:54","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2022\/03\/09\/govt-weighs-price-controls-to-temper-rising-bread-prices\/"},"modified":"2022-03-09T03:32:54","modified_gmt":"2022-03-09T03:32:54","slug":"govt-weighs-price-controls-to-temper-rising-bread-prices","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2022\/03\/09\/govt-weighs-price-controls-to-temper-rising-bread-prices\/","title":{"rendered":"Gov\u2019t weighs price controls to temper rising bread prices"},"content":{"rendered":"<p><a class=\"content-anchor\" id=\"tldr-story-02\"><\/a> <strong>Rising bread prices featured heavily on the airwaves again last night: <\/strong>The government could consider introducing price controls on unsubsidized bread if sellers continue to raise their prices, cabinet spokesperson Nader Saad told Ala Mas\u2019ouleety\u2019s Ahmed Moussa (<a href=\"https:\/\/youtu.be\/pfeotN67Cbw\">watch, runtime 5:25<\/a> | <a href=\"https:\/\/youtu.be\/5OwGX_56gvo\">5:12<\/a>). Saad also appeared on Kelma Akhira (<a href=\"https:\/\/youtu.be\/bOfIa5_nIas\">watch, runtime 9:37)<\/a>.<\/p>\n<p><strong>The mechanism could be similar to how the government regulates fuel prices across the country<\/strong>, according to Saad. The government currently fixes the prices of fuel sold at the pump and to factories, and reviews them at the beginning of every quarter according to movements in the global market.<\/p>\n<p><strong>The price of unsubsidized bread in the Greater Cairo area has risen by <\/strong><strong><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/cd6bb322-4455-45ba-a0a8-1cb3976dbdbc\">as much as 50%<\/a><\/strong> in the course of a week in response to global wheat prices. Saad accused sellers of hiking prices \u201cunnecessarily\u201d and urged them not to take advantage of the current global situation.<\/p>\n<p><strong>One wheat shipment is on its way from Russia<\/strong>, Saad said. Egypt has struggled to access regular grain shipments from the Black Sea region since the start of the conflict, with two cargoes <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/7ed46039-3d92-4d6c-acc9-0261343b42c2\">stuck in Ukraine<\/a> and another <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/16670d8f-ff7e-4942-8c23-7f16a463f32f\">two tenders canceled<\/a> due to high prices and a lack of bids.<\/p>\n<p><strong>In non-Ukraine news: President Abdel Fattah El Sisi\u2019s meeting with Saudi Crown Prince Mohamed bin Salma in Riyadh yesterday<\/strong> got coverage on several of the talk shows. Al Hayah Al Youm\u2019s Mohamed Sherdy gave us live coverage from Riyadh (<a href=\"https:\/\/youtu.be\/_FnVJECEO9k\">watch, runtime 9:48<\/a>) to cover the meeting. The leaders discussed boosting their cooperation on fighting terrorism, increasing economic and investment partnerships, along with bolstering trade, real estate development, and tourism between the two countries. Ala Mas\u2019ouleety also had coverage (<a href=\"https:\/\/youtu.be\/16N84tRy4xY\">watch, runtime 13:59<\/a>).<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Rising bread prices featured heavily on the airwaves again last night: The government could consider introducing price controls on unsubsidized bread if sellers continue to raise their prices, cabinet spokesperson Nader Saad told Ala Mas\u2019ouleety\u2019s Ahmed Moussa (watch, runtime 5:25 | 5:12). Saad also appeared on Kelma Akhira (watch, runtime 9:37). The mechanism could be [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7232],"tags":[96,317,168,72,106,1317,127,270,219,304,563],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-544554","post","type-post","status-publish","format-standard","hentry","category-last-nights-talk-shows","tag-abdel-fattah-el-sisi","tag-commodities","tag-diplomacy","tag-enterpriseam","tag-last-nights-talk-shows","tag-mohammed-bin-salman","tag-politics","tag-russia","tag-saudi-arabia","tag-ukraine","tag-wheat","wpautop","entry"],"acf":{"mongo_id":"b48ca02f-4b8f-46ba-9da4-57695e471bf4","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[544541],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Gov\u2019t weighs price controls to temper rising bread prices - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2022\/03\/09\/govt-weighs-price-controls-to-temper-rising-bread-prices\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Gov\u2019t weighs price controls to temper rising bread prices\" \/>\n<meta property=\"og:description\" content=\"Rising bread prices featured heavily on the airwaves again last night: The government could consider introducing price controls on unsubsidized bread if sellers continue to raise their prices, cabinet spokesperson Nader Saad told Ala Mas\u2019ouleety\u2019s Ahmed Moussa (watch, runtime 5:25 | 5:12). Saad also appeared on Kelma Akhira (watch, runtime 9:37). The mechanism could be [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2022\/03\/09\/govt-weighs-price-controls-to-temper-rising-bread-prices\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2022-03-09T03:32:54+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/03\/09\/govt-weighs-price-controls-to-temper-rising-bread-prices\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/03\/09\/govt-weighs-price-controls-to-temper-rising-bread-prices\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Gov\u2019t weighs price controls to temper rising bread prices\",\"datePublished\":\"2022-03-09T03:32:54+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/03\/09\/govt-weighs-price-controls-to-temper-rising-bread-prices\/\"},\"wordCount\":287,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"Abdel Fattah El Sisi\",\"commodities\",\"DIPLOMACY\",\"EnterpriseAM\",\"LAST NIGHT\u2019S TALK SHOWS\",\"Mohammed bin Salman\",\"politics\",\"Russia\",\"Saudi Arabia\",\"Ukraine\",\"wheat\"],\"articleSection\":[\"LAST NIGHT\u2019S TALK SHOWS\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/03\/09\/govt-weighs-price-controls-to-temper-rising-bread-prices\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2022\/03\/09\/govt-weighs-price-controls-to-temper-rising-bread-prices\/\",\"name\":\"Gov\u2019t weighs price controls to temper rising bread prices - 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President Abdel Fattah El Sisi ordered the government to set\u2026","rel":"","context":"In &quot;LAST NIGHT\u2019S TALK SHOWS&quot;","block_context":{"text":"LAST NIGHT\u2019S TALK SHOWS","link":"https:\/\/enterpriseam.com\/egypt\/category\/last-nights-talk-shows\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":544670,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/03\/15\/food-prices-were-still-the-topic-du-jour-on-the-airwaves-last-night\/","url_meta":{"origin":544554,"position":1},"title":"Food prices were still the topic du jour on the airwaves last night","author":"enterpriseam admin","date":"15 March 2022","format":false,"excerpt":"The Sisi administration\u2019s bid to tamp down rising food prices dominated the airwaves last night after Prime Minister Mostafa Madbouly set up a committee to look into measures to limit the rise in price of strategic commodities. Committee members will meet weekly to stay on top of the economic situation,\u2026","rel":"","context":"In &quot;LAST NIGHT\u2019S TALK SHOWS&quot;","block_context":{"text":"LAST NIGHT\u2019S TALK SHOWS","link":"https:\/\/enterpriseam.com\/egypt\/category\/last-nights-talk-shows\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":544641,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/03\/14\/govt-steps-in-to-lower-flour-prices-calls-for-metal-export-ban\/","url_meta":{"origin":544554,"position":2},"title":"Gov\u2019t steps in to lower flour prices + calls for metal export ban","author":"enterpriseam admin","date":"14 March 2022","format":false,"excerpt":"Rising food price inflation continued to dominate the airwaves last night, with most of the talking heads dedicating sizable portions of their shows to discussing bread prices and what the government is doing to tackle the problem. Bringing old prices back: In an effort to hold down bread prices, the\u2026","rel":"","context":"In &quot;LAST NIGHT\u2019S TALK SHOWS&quot;","block_context":{"text":"LAST NIGHT\u2019S TALK SHOWS","link":"https:\/\/enterpriseam.com\/egypt\/category\/last-nights-talk-shows\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":544657,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/03\/15\/govt-to-up-local-wheat-prices-and-cut-fertilizer-costs-and-appears-to-be-considering-price-caps-for-unsubsidized-bread\/","url_meta":{"origin":544554,"position":3},"title":"Gov\u2019t to up local wheat prices and cut fertilizer costs \u2014 and appears to be considering price caps for unsubsidized bread","author":"enterpriseam admin","date":"15 March 2022","format":false,"excerpt":"A raft of new wheat-related measures announced by the Madbouly government yesterday aim to bolster the country\u2019s food security in the wake of the Russia-Ukraine war.The Supply Ministry has once again hiked local wheat purchase targets: The government is now aiming to buy more than 6 mn tonnes of domestic\u2026","rel":"","context":"In &quot;Commodities&quot;","block_context":{"text":"Commodities","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/commodities\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/3\/182.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":544905,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/03\/27\/food-prices-covid-get-airtime-on-the-talk-shows\/","url_meta":{"origin":544554,"position":4},"title":"Food prices + covid get airtime on the talk shows","author":"enterpriseam admin","date":"27 March 2022","format":false,"excerpt":"Food prices were once again a topic of conversation on the airwaves last night: Abdel Moneim Khalil, head of internal trade at the Supply Ministry, phoned-in to Al Hayah Al Youm, telling show host Lobna Assal that last week\u2019s price controls on unsubsidized bread have now been implemented and the\u2026","rel":"","context":"In &quot;LAST NIGHT\u2019S TALK SHOWS&quot;","block_context":{"text":"LAST NIGHT\u2019S TALK SHOWS","link":"https:\/\/enterpriseam.com\/egypt\/category\/last-nights-talk-shows\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":544696,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/03\/16\/bread-prices-still-top-of-the-agenda-on-the-airwaves\/","url_meta":{"origin":544554,"position":5},"title":"Bread prices still top of the agenda on the airwaves","author":"enterpriseam admin","date":"16 March 2022","format":false,"excerpt":"Bread prices were still the topic du jour last night on our airwaves. The talking heads dedicated major chunks of their shows to the price controls on unsubsidized bread. Head to our commodities section (above) for all the details.","rel":"","context":"In &quot;LAST NIGHT\u2019S TALK SHOWS&quot;","block_context":{"text":"LAST NIGHT\u2019S TALK SHOWS","link":"https:\/\/enterpriseam.com\/egypt\/category\/last-nights-talk-shows\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/544554","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=544554"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/544554\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/544541"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=544554"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=544554"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=544554"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=544554"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=544554"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}