AreaEgypt

Commodity GroupGrains

CommodityWheat

Date23/01/2023

Policy CategoryConsumption and marketing

Policy InstrumentGovernment procurement

DescriptionSet the wheat procurement price at EGP 1 250 per ardeb (USD 292 per tonne), a 40 percent increase over last year\'s procurement price, and a 25 percent increase compared to the price announced in August 2022. 2023 wheat subsidies were set to EGP 95 billion (USD 3.2 billion), a 150 percent increase from last year.