Supply Min.: Egypt's strategic reserve of all basic commodities 'safe'
Sunday، 07 March 2021 - 12:46 PM
Supply and Internal Trade Minister Ali el Moselhi said that the strategic reserve of all basic commodities, including sugar, rice, wheat, pasta, meat and poultry, is "safe".
In a statement on Sunday March 7,2021, the supply minister said that the season of supplying sugar beet and sugar cane will increase the strategic reserve of sugar after increasing the productivity of one feddan to 20% and the cultivated area of beets to 640,000 feddans compared to last year.
Egypt's rice production also is sufficient for domestic consumption, the minister noted.
Moselhi said that the General Authority For Supply Commodities (GASC) had contracted in the past two days on 78,000 tons of crude soybean oil to increase the strategic reserve of crude oil for a period of five months.