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Supply Minister Confirms 6 Months of Strategic Reserves
The Minister of Supply and Internal Trade affirmed that Egypt's strategic reserve of commodities is secure and sufficient for about six months. This is the result of government efforts to diversify sources of imports and develop the local market. He also pointed out the coordinated efforts between the government and the Future Egypt Authority to purchase goods at appropriate times, which helps reduce price fluctuations, along with increasing the local wheat stock to 5 million tons and supporting initiatives to provide goods at affordable prices through establishing more than 280 outlets offering 30 types of commodities in 191 centers.
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