Member of the Chambers of Commerce reveals 12 measures he demanded from the government to prevent a recurrence of the sugar crisis in Egypt

Published 2024년 8월 29일

Tridge summary

The Egyptian government has set the price for supplying sugar cane and beets at EGP 2,500 and EGP 2,400 respectively, in an effort to boost cultivation and productivity of these key crops. Hazem El-Menoufi, a member of the Foodstuffs Division, has proposed a range of measures to prevent a future sugar crisis, which include government plans to stabilize the sugar market, increase oversight of the market, and provide support for investment projects in the sugar industry. The government is also urged to ensure fair pricing for farmers, encourage them to supply the entire crop to the state, and limit sugar exports to protect the local market and keep local sugar affordable for consumers.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Hazem El-Menoufi, a member of the Foodstuffs Division, praised the government's decision to set the price of supplying a ton of sugar cane at EGP 2,500, and the price of supplying a ton of sugar beets at EGP 2,400, as part of encouraging farmers to cultivate these important strategic crops, expand their cultivation, and increase their productivity in accordance with the directives of President Abdel Fattah El-Sisi. El-Menoufi suggested in a press statement a number of measures that must be implemented to prevent a recurrence of the sugar crisis, most notably that there be government plans to ensure the stability of the sugar market in Egypt, provided that they include production and distribution plans by working to improve the supply chain, enhance local production, and increase efficiency in distribution. El-Menoufi added that there are 12 measures that the government must take to prevent a recurrence of the sugar crisis, most notably supporting investment projects in the sugar ...
Source: Almalnews

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