CAIRO – 15 February 2024: The Egyptian cabinet issued a decision to establish a fixed price for the supply of cotton in the upcoming season of 2024/2025. The move aims to support Egyptian farmers and ensure stability in the cotton industry. This measure is expected to provide farmers with a reliable income and encourage them to continue cultivating cotton. The decision to set guaranteed prices for cotton is part of the Egyptian government's broader efforts to support the agricultural sector and safeguard the interests of farmers. By ensuring reasonable compensation for their produce, the government aims to improve the livelihoods of farmers and promote sustainable agricultural practices.

Source: Egypt Today February 18, 2024 16:05 UTC