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Supply Minister reports $300m savings
The Minister of Supply and Internal Trade revealed the exclusion of ineligible individuals from the subsidized supply system, with the establishment of clear eligibility criteria, including the ability to pay large sums for international schools or to reside in upscale neighborhoods. Regarding wheat procurement, he pointed out that the purchase price for farmers was set at 2,500 pounds per ardeb, which contributed to a 17% increase in supplies last year, with the total supplied reaching 4.7 million tons, aiming to reach 5 million tons this year. The increase in local supply helps reduce wheat imports by about one million tons and save over 300 million dollars in foreign currency costs.
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