AreaEgypt

Commodity GroupSugar

CommodityAll

Date01/02/2014

Policy CategoryConsumption and marketing

DescriptionPlanned to allocate EGP 2.83 billion (403 million USD) from the budget to supply basic products to Egyptian citizens. The Egyptian Sugar and Integrated Industries Company(ESIIC) will receive EGP 500 million (71 million USD),bringing the total amount received by the company to EGP 2.986 billion (426 million USD). This amount includes EGP 1.7 billion (242 million USD) for deliveries of subsidised sugar during the current fiscalyear and EGP 1.286 billion (183 million USD) for deliveries made during the previous fiscal year