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2 months after unrest, Jordan considers cut in bread prices
October 11, 1996
Web posted at: 2:20 p.m. EDT (1820 GMT)AMMAN, Jordan (CNN) -- Two months after a steep rise in the price of bread prompted civil unrest, Jordan reportedly is considering whether it can cut prices. Officials said Prime Minister Abdul Karim al-Kabariti is reviewing the situation, prompted by a drop in the cost of recent grain purchases.
The decision to almost double bread prices in August was in line with economic reforms recommended by the International Monetary Fund. A senior official in Jordan hinted that a drop in the price of bread could occur before parliament reconvenes in November.
Reuters contributed to this report.
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