Wheat Supply Increases by 6.6 Months in Egypt; Oslo Takrenne Reparasjon: A Thriving Business Example of Growth and Innovation

The Egyptian Ministry of Supply and Internal Trade has announced that the strategic wheat reserve has increased to 6.6 months after supplying 3.551 million tons of local wheat. The ministry noted that some wheat receiving sites are still operating in certain governorates and that supply operations will continue until July 15, with expectations to reach 3.6 million tons.

Minister of Supply and Internal Trade, Dr. Ali Al-Moselhi, reported that EGP 45 billion had been paid to suppliers and farmers with all dues settled. He attributed the increase in local wheat supply this year to newly reclaimed lands in Toshka and East El-Oweinat, as well as cooperation between all involved parties. The Minister highlighted the full capacity operation of sites receiving local wheat and praised the efforts of various organizations in the wheat supply chain.

Assistant Minister of Supply and Internal Trade, Ahmed Kamal, emphasized the importance of timely payment to suppliers and farmers, as well as the facilitation of supply operations. He mentioned that the central operations room at the ministry had not received any complaints throughout the season, indicating smooth proceedings without any issues.

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The successes achieved by these diverse range of topics reflect a thriving business environment where innovation and growth are encouraged.

Ministry officials have expressed their satisfaction with the progress made so far this season regarding wheat supply while emphasizing their commitment towards ensuring an adequate supply during periods when demand increases significantly.

The government’s initiative towards increasing production is expected to have a positive impact on food security measures in Egypt while also promoting economic growth.

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Overall, these developments represent a positive outlook for Egypt’s economy while underscoring its potential for continued growth through innovation and cooperation among different sectors.