Egypt’s strategic wheat reserves sufficient for 5.7 months: Supply minister
Egypt has strategic reserves of wheat sufficient for 5.7 months, Supply Minister Aly Moselhy said in a news conference on Sunday, adding that the country has procured 3.9 million tonnes of wheat in the local harvest so far.
Egypt is often the world’s biggest wheat importer.
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The Minister also said that Egypt has contracted to buy 180,000 tonnes of wheat from India
He added that the strategic reserves for sugar were sufficient for more than six months and those for vegetable oils are sufficient for 6.2 months, while the country is self-sufficient for rice for 3.3 months.
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