The Egyptian Ministry of Supply has revealed that the Egyptian citizen consumes more than twice the world average of wheat per year.
In his remarks on the “Life Today” program, Ibrahim Ashmawy, Deputy Minister of Supply and Head of the Internal Trade Development Authority, said: “The Egyptian eats 182 and a half kilograms of wheat a year, compared to the average in world of 69 kilos… But this is our nature, because bread is important in our diet, and that affects obesity, because someone is attacking me ”.
Ibrahim Ashmawy explained that “the government will continue to buy wheat, despite its high price around the world, and will continue to do so, and will not burden the people with any burden for the high price of wheat, for the sake of simple and target groups. , because the State supports 80% of the price of wheat, and the support system benefits from it. ” 63 million, and another 72 million bread beneficiaries.
He also indicated that “the State is intervening in favor of certain groups, and meat prices have not risen, and there are government selling points where the fixed price is set,” and added: “The Agricultural Bank has will allow two places. to provide fertilizers and offer the product to retailers, and Egypt was the largest exporter of citrus in the world last year. ”
The Egyptian Deputy Minister of Supply confirmed that “the government has increased 80% of the increase in prices of various basic products due to the Russo-Ukrainian war, and that the strategic stock of wheat is enough for 4 months, oil is enough for 6 months and meat is for 11 months, and there is self-sufficiency in rice ”, he continued:“ Last year, we built 203 thousand companies in all economic activities, and this year there are 249,000 companies… the capital of the companies is from 96 million, and 108 billion pounds remaining, and this is an impression that the market is expanding. Most of them are sole proprietorships, and 65% of investments in recent years have come from the government and private sectors, and in the coming years the opposite will happen ”.
Source: “house”
Source: Arabic RT