Egypt’s strategic wheat reserve sufficient for 5 months: Supply Minister

Updated 11/5/2024 9:42:00 AM
Egypt’s strategic wheat reserve sufficient for 5 months: Supply Minister

Arab Finance: Egypt's strategic reserve of wheat is currently sufficient for five months, Minister of Supply and Internal Trade Sherif Farouk stated.

The General Authority for Supply Commodities (GASC) has secured a contract for 290,000 tons of imported wheat, Farouk noted.

He added that the contract includes 120,000 tons of Romanian wheat, 120,000 tons of Ukrainian wheat, and 50,000 tons of Bulgarian wheat.

The shipments are set to be delivered within December.

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