Ahmed Musa Discusses Egypt's Wheat Supply Impact
Egypt confirmed that food security remains stable despite the increase in the price of a ton of wheat from $275 to $300, and that the strategic stockpile is sufficient for six months up to Ramadan. The Minister of Supply explained that the country imports between 18 and 19 million tons of wheat annually, with about 5 million tons of local harvests received so far. Efforts are underway to diversify import sources from Romania, Bulgaria, and France. The government is also considering purchasing larger quantities of wheat to strengthen reserves and meet the country's future needs.
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