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Egypt pays EGP 14bn for local wheat since April – Minister

Egypt pays EGP 14bn for local wheat since April – Minister
The supply ministry aims to buy 3.6 million tonnes of local wheat

By: Mohamed Mowafy

Cairo – Mubasher: Egypt’s government has paid about EGP 14 billion for the amount of wheat delivered by local farmers since the beginning of this harvest season, the country’s minister of supply and internal trade said.

Egypt, the world’s largest wheat importer, is still receiving the remaining amounts of local wheat, Ali Meselhy told Mubasher.

Egypt has bought 3.2 million tonnes of local wheat during the season, which began in April, assistant to the country’s minister of supply, Ahmed Kamal, said on Sunday.

The North African nation will pay farmers between EGP 655 and EGP 685 per ardeb (150 kilograms) of wheat based on quality.

The supply ministry aims to buy 3.6 million tonnes of local wheat during the season.

 

Translated by: Zeinab Adel