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Egyptian President Al-Sisi Unveils Price Guarantees for 4 Crops

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Ziad Najjar
Ziad Najjar is an Egyptian author who studied business and finance in the United States and has a keen interest in media. He combines his expertise in these fields to create informative and engaging works accessible to a broad audience.

Egyptian President Abdel Fattah El-Sisi said the government had agreed to announce guarantee prices for 4 commodities, namely wheat, corn, soybeans and sunflowers.

Al-Sisi added during the opening of the nitrogen fertilizer plant complex in Ain Sukhna today Wednesday that the guarantee means it is a minimum payout, explaining that if the world price rises strongly, we will pay more.

Al-Sisi delivered a speech to the rural population, saying: “The land that you have is precious, use it better than we squander it. All over the world there is a problem in agricultural production and demand is growing due to population growth, and we are working on it, so it will give a lot.

At the end of his speech to the Egyptians, Al-Sisi asserted: “I, God willing, will try to be honest and trustworthy with you in every word that I say, because we do not promise you a promise that we cannot keep.

Source: RT

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