Source: Egyptian Institute for Studies
Author(s): Abdel-Tawab Barakat
On 18 November 2021, the Egyptian government decided to increase the price of nitrogenous fertilizers from EGP 3,290 to EGP 4,500 per ton, an increase of about 37%, which means raising the price of a 50-kg package from EGP 165 to EGP 225. This price increase is big and will undoubtedly reduce the productivity of land and quality of production; and it will consequently affect the gross domestic product of the state, increase the burdens of the poor farmers, and reduce their profits, as it is likely to incur great losses on them in the absence of anyone that may express them and defend their rights.
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