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Egypt’s Minister of Supply Unveils Country’s Reserves of Strategic Commodities

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Ziad Najjar
Ziad Najjar is an Egyptian author who studied business and finance in the United States and has a keen interest in media. He combines his expertise in these fields to create informative and engaging works accessible to a broad audience.

Egypt’s Supply Minister Ali Al-Moseli said the country’s wheat stocks would last for 5 months.

Al-Moselhi said during the opening of a plant in eastern Al-Awainat in southern Egypt in the presence of Sisi that Egypt’s domestic wheat production is 10 million tons on an area of ​​3.2 million acres.

The Minister of Supply of Egypt confirmed that two million tons of wheat have been delivered to the Ministry of Supply so far, and we are almost in the middle of the season, so the goal is close to 4 million tons. the state is working to increase the local product in order to reduce the import bill.

Concerning the standards for provision with strategic goods and strategic reserves, the Minister of Supply explained that the provision with sugar is 7 months, rice 3 months, butter 4 months, meat 3.5 months and poultry 8 months.

Source: Day Seven

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