Business

Egypt has enough flour for 6 months, says government

Egypt's strategic reserves of flour are sufficient for the coming six months, said Nasr Noaman, the vice president of the General Authority for Supply Commodities (GASC).

In statements to Al-Masry Al-Youm, Noaman said that the GASC is not facing any problems in meeting food consumption demands.

There are adequate food commodities for the coming three months for citizens who hold ration cards, he said, adding that there will be ample time to cover any shortages of any particular commodity.

Meanwhile, sources from the Ministry of Social Solidarity said Egyptians consume 25,000 tons of subsidized wheat a month. Bakeries make 200 loaves of bread a day, the equivalent of three loaves for every citizen. Considering these rates, reserves of local flour should easily cater for consumption over the coming months.

The GASC had extended the delivery of August commodities to 19 September, after some rice monopolies stored their produce to raise prices.

Translated from the Arabic Edition

Related Articles

Back to top button