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Egypt’s strategic wheat reserves enough for five months

Egypt’s strategic wheat reserves enough for five months
Sugar reserves are enough until the end of next October

Cairo – Mubasher: The Egyptian Minister of Supply and Internal Trade, Ali El-Moselhy, revealed that the country’s strategic reserves of wheat are sufficient for the next five months.

In addition, the most populous Arab nation has vegetable oil reserves sufficient for 4.7 months and sugar reserves sufficient until the end of next October, the minister said in a statement on Monday.

Moreover, meat reserves are expected to last for two years and poultry reserves are sufficient for 12 months, he added. 

Sugar production is forecast to increase this year as the area planted with beet is expanded by more than 119,000 feddans to 560,000.

The planted area is projected to produce 1.7 million tonnes of sugar which will contribute to narrowing the gap between production and consumption.

The country is currently working on several agricultural projects to reach self-sufficiency in sugar production by 2021.