Chamber of Grain Industry: Increasing the strategic stockpile of wheat to 6.5 months as a result of President Sisi’s directives

The Chamber of Grain Industry in the Federation of Industries confirmed that the state took proactive steps under the directives of President Abdel Fattah El-Sisi, which contributed to increasing the strategic stock of wheat to 6.5 months. She said that the state's taking proactive steps before the Corona pandemic, and also before the crisis of the Russian-Ukrainian war, by providing and securing a strategic stock of all basic commodities, as well as wheat designated for the production of subsidized bread, led to the absence of crises in the markets. Tariq Hassanein, head of the Chamber, stated that the government, represented by the Ministry of Supply and Internal Trade, succeeded in taking proactive steps in order to secure a strategic stock of all basic commodities, especially wheat designated for the production of subsidized bread, under the directives of President Abdel Fattah El-Sisi, President of the Republic. The occurrence of any crises in the markets, at a time when the major countries witnessed a shortage of goods and food products throughout the Corona pandemic and also during the crisis of the Russian-Ukrainian war.

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