date:Nov 26, 2013
) a kilo to over 60 million Egyptians under that system.
Naggari said that Egypt should rely more heavily on imported lower-priced long-grain rice for its subsidy programme and sell its more pricey medium-grain rice abroad for more profit.
We have to start getting our local consumers used to long-grain rice as it is more profitable to export our medium-grain rice, he said.
The restrictions on Egyptian rice exports are meant to keep prices in the local market stable, but rice exporters have co