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1977 Egyptian bread riots
The Egyptian "bread riots" of 1977 affected most major cities in Egypt from 18–19 January 1977. The riots were a spontaneous uprising by hundreds of thousands of lower-class people protesting World Bank and International Monetary Fund-mandated termination of state subsidies on basic foodstuffs. As many as seventy-nine people were killed and over 550 injured in the protests, which were only ended with the deployment of the army and the re-institution of the subsidies.
==Lead up to riots==
The riots' origin lay in president Anwar Sadat's Infitah (openness) policy, which had, since he took power at the beginning of the decade, sought to liberalise the economy. In 1976, he sought loans from the World Bank in an effort to relieve the country's debt burden. The bank criticised the state's policy of subsidising basic foodstuffs, and Sadat announced in January 1977 that it was ending subsidies on flour, rice, and cooking oil and that it would cancel state employee bonuses and pay increases. The new policies resulted in a rise in the price of food by up to 50%.
抄文引用元・出典: フリー百科事典『 ウィキペディア（Wikipedia）』
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