By Waleed Samir
The strategic reserves of domestic and imported wheat, for the production of subsidised bread, are sufficient until next March, Minister of Supply Khaled Hanafy said Saturday.
Hanafy added that the General Authority for Supply Commodities (GASC) contracted to purchase 230,000 tonnes of wheat from Russia, France and Ukraine.
The minister pointed out that the purchased quantities include 115,000 tonnes of Russian wheat and 60,000 tonnes of French wheat and 55,000 tonnes of Ukrainian wheat with an average price of $191 per tonne. The supply will begin on 21 October for a period of 10 days.
Egypt, the world’s largest wheat importer, …read more
Source: Daily News Egypt
