Egypt-Supply minister: 3.920M tons of local wheat delivered so far

  • 28 June 2022 / News / 418 / Fares RAHAHLIA


Egypt-Supply minister: 3.920M tons of local wheat delivered so far
 Minister of Supply and Internal Trade Ali Al Moseilhi said on Sunday that some 3.920 million tons of local wheat have been received so far recording a rise between 11 percent and 12 percent from last year.
 
At a press conference, the minister said wheat delivery will continue till the end of August.
 
He added the current global food crisis pushed the wheat prices from between $300 and $320 per ton to between $480 and $490 per ton, which means that there is an increase estimated at LE 18 billion.
 
Moselhi added that the new budget of 2022//2023 witnessed a major increase in subsidy allocations. 

source: Egypt today

See too