Wheat| Egypt's decision to slash wheat subsidies, which has infuriated

November 20, 2015 9:44 AM | Skymet Weather Team

Egypt's decision to slash wheat subsidies, which has infuriated farmers, threatens to cut future harvests and force the country to burn scarce dollars on more imports during a foreign currency crisis, according to experts. Earlier this month Egypt government said it would no longer pay a fixed, and highly subsidised, price to procure local wheat.

OTHER LATEST STORIES