Egypt: Rice production to meet local demand until end of current financial budget

Egypt is expected to produce 4 million tons of the T rice, enough to cover national needs over current financial budget that ends June 30 next year, Reuters reports.

The yield, according to Alaa Khalil, the head of the crop institute of the ministry surpasses last year harvest put at 2.7 million tons.
Egypt, Reuters notes, consumes around 3.2 million tons of rice annually.

The Egyptian government last month forecast that it local rice produce will be enough to cover domestic need and therefore preventing the government from importing the commodity until June 30, end of the current financial year.