Trade and markets
 

Detail

Area
Egypt
Commodity Group
Rice
Commodity
All
Date
06/03/2017
Policy Category
Production
Policy Instrument
Government procurement
Description
Agreed to pay EGP 6.3 per kilo (USD 347 per tonne) of rice purchased from private processors, in order to supply it at a subsidised rate of EGP 6.5 per kilo (USD 358 per tonne) through Government outlets. As part of the agreement reached with processors, millers would supply a minimum of 200 tonnes per month to the Government for four months.
Notes
Exchange rate as of 1 April 2017.