Egypt announces rice as strategic commodity: cabinet spokesperson ...Egypt

The Egyptian government has announced that rice is a strategic commodity. This is mainly due to the previous monopolistic practices by some traders, Nader Saad, a spokesperson for the Cabinet, said. Rice was a free commodity and the government had not previously interfered in its pricing due to its continuous self-sufficiency and abundance in production. However this was before the recent crisis, which prompted the government to consider rice as a strategic commodity, Saad said. Saad added, during a telephone interview with Ahmed Moussa, presenter of the “On My Responsibility” program broadcast on Sada al-Balad channel, Wednesday, that the shortage occurred due to some merchants st

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Last updated : 17 Nov 2022 clock 01:36 PM

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Egypt announces rice as strategic commodity: cabinet spokesperson ...Egypt

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