Egypt Ministry agriculture lays great stress on the Egypt agriculture industry as it plays a vital role in the national economy of Egypt.
Egypt Ministry of agriculture constitutes 20% of the Gross domestic productivity or GDP as well as exports.
34% of employment is provided by the Egypt agriculture industry.
Egypt agriculture industry supplies food to the people of Egypt. Agriculture industry in Egypt facilitates the marketing of industrial commodities like pesticides, agriculture machinery, agriculture tools, chemical fertilizers etc.
Egypt agriculture also provides funds for other industrial sectors of the economic set up.
Egypt Ministry agriculture has adopted many policies for further improving the Egypt agriculture industry.
Egypt Ministry agriculture policy model guidelines, along which the Egypt agriculture industry operated till the late 70's had the following features:
- Egypt Ministry agriculture steadily stopped controlling the farm production values, area of crops and procuring allocations.
- Another measure taken by the Egypt Ministry agriculture, was to enhance the farming values to meet international standards.
- Egypt Ministry agriculture removed restrictions in matters related to farm raw materials in the private sector. This step was taken to go into competition with Principle Bank For Development And Agricultural Credit (PBDAC).
- Steady removal Government restrictions in export and import of crops.
- Restriction in owning land and selling of land in the private sector at the state level.
- Re-orientation of the tenancy system of land.
- Balancing the rate of interest to highlight the commercial rate.
- Egypt Ministry agriculture also envisages the balancing of foreign exchange rate to highlight the actual value of the local currency.
An extensive study conducted on the impacts of the Egypt Ministry agriculture industry reform policies on the development of agriculture in Egypt, suggest the positive response of the farmers to research conducted in agriculture, agricultural expansion, technology employed for agricultural development.
Statistics of Egypt Ministry of agriculture:
There was an increase in the area of cultivation from 6.2 million in the year 1982 to 8 million in the year 2000.
Cropped area increased from 11.2 million in the year 1982 to 14.8 million in the year 2000.
There was an increase in plant production value from L.E 3.5 billion in 1982 to approximately L.E 4 billion in the year 1999.
There was an increase in the income generated from agriculture from L.E 4.1 billion in the year 1982