AreaEgypt
Commodity GroupRice
CommodityAll
Date01/09/2012
Policy CategoryProduction
Policy InstrumentGovernment procurement, purchasing prices
DescriptionAllocated a budget of USD 161 million (pounds 1.0 billion) to fund purchase of 500 000 tonnes of paddy from the local market. Prices paid to farmers to be raised to USD 322-330 (pounds 20002050) per tonne of paddy.
