We assure the Egyptians of the availability of a safe stock of food commodities
Egypt
Published Nov 5, 2021
Tridge summary
Ahmed Al-Malwani, head of the Internal Trade Committee at the General Division of Importers, confirmed that the availability of food commodities in the Egyptian market in quantities that reach the stage of safe stock is a matter that reassures the masses of Egyptians that the economic turmoil the world is witnessing and fears of a shortage of goods supply will not affect Egypt in any way. The "Chairman of the Committee" said that there is no need for the state of anxiety and panic that recently spread among citizens after China called on its citizens to stockpile food in anticipation of an exceptional emergency, explaining that Egypt has a very good stock of food commodities, specifically strategic ones such as wheat, oils, and flour, which makes us safe from These risks, noting at the same time that the stagnation in the market since before the Corona pandemic contributed to the increase in the stock of non-food commodities. Ibrahim Ashmawy, First Assistant Minister of Supply and Head of the Commodity Exchange, confirmed, earlier, that Egypt was not affected, as other markets were affected by the Corona pandemic, and we were able to absorb the crisis through a safe stock, as the stock of goods before 2014 was from one and a half to two months Today, the stock of goods has become more than 5 months, which gave ease in dealing with the crisis, and we seek to maximize it for additional periods during the next phase.
Original content
Ahmed Al-Malwani, head of the Internal Trade Committee at the General Division of Importers, confirmed that the availability of food commodities in the Egyptian market in quantities that reach the stage of safe stock, is a matter that reassures the masses of Egyptians that the economic turmoil the world is witnessing and fears of a shortage of goods supply will not affect Egypt in any way. The "Chairman of the Committee" said that there is no need for the state of anxiety and panic that recently spread among citizens after China called on its citizens to stockpile food in anticipation of an exceptional emergency, explaining that Egypt has a very good stock of food commodities, specifically strategic ones such as wheat, oils and flour, which makes us safe from These risks, noting at the same time that the stagnation in the market since before the Corona pandemic contributed to the increase in the stock of non-food commodities. Ibrahim Ashmawy, First Assistant Minister of Supply and ...
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