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Egypt's Food Security Confirmed
Egypt's Minister of Supply and Internal Trade, Sherif Farouk, affirmed that there is no food security crisis in the country. He stated that 5 million tons of wheat have been received from local farmers, and Egypt's annual consumption ranges between 18 to 19 million tons. He added that the strategic wheat stock is fully secured for the next six months, and the country's needs for sugar and oil are available. Additionally, there is diversification in import sources to avoid reliance on the Black Sea region, which is currently experiencing military conflicts. He also noted that import costs have risen due to increased prices; however, Egypt has sufficient reserves and maintains control over its food security.
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