Egypt’s strategic wheat reserves are enough for the coming five months, Youm7 quoted Supply Minister Mohamed Ali Moselhy on Wednesday.
The Central Bank of Egypt (CBE) has “secured $1.8 billion for a six-month strategic reserve of staple commodities such as cooking oil, sugar and rice,” Moselhy told reporters on Wednesday.
“The government will cooperate with the private sectors to seek a healthier way to store wheat,” he said.
