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Egyptian Supply Minister assures: ‘Our country has complete food security’

Minister of Supply and Internal Trade Ali al-Moselhy assured Monday that Egypt is completely safe in terms of food and supply commodities during the coming period.

Moselhy said that Egypt’s strategic reserves of wheat are sufficient for six months alongside its reserves of vegetable oils, lasting up to four months.

He added that Egypt has bought 3.6 million tons of local wheat so far, and that the nation’s strategic reserves of rice are sufficient for 3.3 months.

The price of live sheep are at LE170 per kilogram in supply complexes, Moselhy said during an interview with Ahmed Moussa’s TV show “Ala Massoulity” (On My Responsibility) on the privately-owned satellite channel Sada al-Balad.

Moselhy explained that the price of Sudanese fresh meat is at LE 195 per kilo, the price of Brazilian and Indian frozen meat is LE160 per kilogram, and the price of local meat is LE 370 in all ministry outlets.

He said that large quantities of fresh and chilled meat are being pumped into the outlets of consumer complexes, as part of the ministry’s preparations for Eid al-Adha.

And Moselhy said that the opening of the financial credit of US$10 million contributed to increasing the quantities of contracted livestock from Djibouti to 12,000 heads.

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