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Supervisor Elham AbolFateh
Editor in Chief Mohamed Wadie

Chamber of Grain Industry: Egypt Increases    Strategic Reserve of Basic Commodities


Sat 11 Jun 2022 | 07:22 PM
Ahmed Moamar

Representative Tariq Hassanein, head of the Chamber of Grain Industry in the Federation of Industries, said that the stock of strategic and basic commodities is huge and exceeds the needs of the market, thanks to the president's directives more than two years ago to increase strategic stocks of wheat, oil, sugar, corn, and all major commodities.

 Hassanein added that the state has secured commodity reserves ranging from 4 to 8 full months since before the crisis of the Coronavirus, and the guidance was clear from the political leadership and this is what we are reaping its fruits now.

Also, Representative   Hassanein said that the Chamber will continue to hold more meetings with all officials in the various government agencies, in order to serve the members of the Chamber, and provide all information and facilities that help them in dealing immediately with all the challenges they face.