By Ebi Kesiena
Egypt’s Supply Minister Ali Moselhy has disclosed that the country’s strategic reserves of wheat is sufficient to meet the country’s consumption needs for the next five months.
Speaking on Sunday, he made the announcement during the opening of the wheat harvest season in the east of Al-owainat area, which was attended by Egyptian President Abdel Fattah al-Sisi.
According to the minister, the government has purchased two million tons of local wheat since the beginning of the harvest season and expects this quantity to reach four million tons by the end of the season. The strategic reserve of rice is enough for 3.1 months, sugar enough for seven months, and vegetable oil enough for four months.
Strategic reserves of rice are sufficient for 3.1 months, sugar for seven months and vegetable oils for four months, the minister added.
Egypt is the largest wheat importer in the world, and the government is taking steps to reduce its reliance on wheat imports by increasing local production. The government’s target is to produce 8.5 million tons of wheat this year, up from 8.1 million tons last year.
Egypt’s efforts to increase its local wheat production have been successful, and the country has seen a steady increase in wheat production over the past few years. The government’s efforts to increase local production have helped reduce the country’s reliance on wheat imports, ensuring that Egypt has sufficient reserves to meet its consumption needs.
