Egypt says sellers who 'hide' rice from customers risk prison - News Summed Up

Egypt says sellers who 'hide' rice from customers risk prison


Expand Autoplay Farmers plant rice seedlings in Egypt's fertile Nile Delta at Tanta, Al Gharbia governorate, about 100 kilometres from the capital Cairo. Read More EFG Hermes expects Egypt's inflation to hit new highs after IMF loan dealRepeated violations will be punished with at least two years in prison and double the first fine. The directive also issued a price cap of 18 Egyptian pounds per kilo on all the nation’s rice sellers. Imported rice is sold to holders of state-issued ration cards for 10.5 Egyptian pounds per kilogram. Once a rice exporter, Egypt cut its production in 2018 to save water and issued an international rice buying tender.


Source: Ethiopian News November 17, 2022 04:50 UTC



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