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صدى البلد
Supply Minister Affirms Food Security in Egypt
There is no food security crisis in Egypt, as the country has sufficient wheat stockpiles to last six months, despite the increase in the price per ton from $275 to $300. Egypt imports between 18 and 19 million tons of wheat annually, with around 5 million tons sourced locally. The country is working to diversify its import sources beyond Russia, including Romania, Bulgaria, and France, which is set to supply about 50,000 tons soon. The government is implementing a precautionary policy to ensure stock stability until Ramadan and is considering purchasing additional quantities to bolster reserves and secure the market.
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