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In late December 2015, the Egyptian Central Bank issued the first of a number of policy statements reflecting changes that restrict the transfer of funds abroad to pay for imported goods.
News on developments in agriculture and food in Egypt.
Post is revising Egypt’s MY2016/17 cotton PSD as the latest field surveys indicate a dramatic plunge in planted area of 50 percent to 50,000 ha from MY2015/16...
Egypt imposed an EGP 900 ($101.35) per metric ton tax on exported sugar effective May 18 until the end of 2016.
The Egyptian Ministry of Agriculture announced an effort to reclaim approximately 1.5 million acres (607,028 ha) of marginal or desert lands for agricultural use.