Egypt's strategic reserves of wheat are sufficient for 6 months

Egypt’s strategic reserves of wheat are sufficient for 6 months

World By Jun 20, 2023 No Comments

At this time, Monday, the official information company in Egypt quoted the Minister of Provide, Ali Al-Moselhi, as saying that Egypt’s strategic reserves of wheat are enough for six months.

The minister mentioned that Egypt has purchased 3.6 million tons of native wheat to this point, in accordance with the company.

As for rice and vegetable oils, the state information company added, quoting the Minister of Provide, that the nation’s strategic reserves are enough for 3.3 months and 4 months, respectively.

Egypt’s financing wants rose to $9 billion per 30 days this yr, in comparison with $6.5 billion per 30 days final yr, because of the stress of the excessive import invoice and the rise within the costs of primary supplies, in accordance with what was said by the Egyptian Minister of Finance, Mohamed Maait.

See more: Officials from Ankara and Baghdad discuss resuming oil exports from northern Iraq

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