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Grain industry in Egypt: Production of 270 million loaves of fortified bread by bakeries

Published May 26, 2024

Tridge summary

The article highlights the efforts of the Egyptian government, led by the Ministry of Supply and Internal Trade, to provide subsidized fortified bread to its citizens, with daily production ranging from 250 to 270 million loaves. The cost of production is significantly subsidized, with the government covering the difference to reduce the financial burden on citizens. The bread is also fortified with 20% corn to reduce production costs and decrease the need for imported wheat. The government's initiatives, including the national silo project and efforts to increase local wheat supply, have been key in providing subsidized bread and reducing the impact of rising production costs.
Disclaimer: The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Written by Sherine Salah: Abdel Ghaffar Al Salamouni, Vice Chairman of the Board of Directors of the Grain Industry Chamber of the Federation of Industries, announced that bakeries’ daily production of fortified bread ranges from 250 million to 270 million fortified loaves per day. Al-Salamouni explained in a statement from the Chamber today, Sunday, that the cost of producing a loaf of subsidized bread is about 125 piasters, while the Ministry of Supply offers it on cards at a price of only 5 piasters, as it bears the difference in the cost as part of its keenness to reduce the burden on the citizen, especially the families who are most in need and benefit from the bread system. Supported by approximately 72 million citizens. Al-Salamouni added that the government’s efforts, represented by the Ministry of Supply and Internal Trade, to mix a percentage of corn, about 20%, with the wheat used in the production of fortified bread, saves approximately 600 million dollars and reduces ...
Source: EGmasrawy
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