Egypt’s Sustainable Development Fund has announced a 20% tax on every ton of rice exported through its channels. This new levy aims to bolster domestic food security and potentially regulate the flow of rice available to local consumers. The move comes as Egypt navigates concerns about rising global food prices and ensuring sufficient supplies within the country. Details regarding the implementation and specific exemptions, if any, have not yet been widely released. This tax is likely to affect Egyptian rice exporters and potentially impact international rice markets. The announcement was originally published by Mada Masr, a prominent independent Egyptian news outlet. It remains to be seen how this policy will affect farmers and overall rice production in Egypt.