Lebanese government resumes purchasing wheat from local producers

게시됨 2023년 6월 23일

Tridge 요약

The Najib Mikati caretaker government has approved a plan to repurchase approximately 60,000 tons of grain, including soft wheat, durum wheat, and barley, from local producers at prices higher than the global market to support the local agricultural industry. The total cost for this repurchase is estimated to be LL1,310 billion, which will be covered by the state, with the Bank of Lebanon responsible for payment. The plan aims to provide financial compensation to farmers and ensure a portion of Lebanon's grain requirements are met, with logistics handled by millers. This initiative is part of broader efforts to address the financial and agricultural challenges in Lebanon, including the reinstatement of financial compensation for local wheat and barley producers and the promotion of military officers.

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원본 콘텐츠

During Wednesday’s cabinet meeting, the caretaker government of Najib Mikati included two key agenda items: the long-awaited promotion of a cohort of military officers and the UNIFIL mandate. Additionally, the government took the opportunity to address another long-overlooked matter arising from the 2019 crisis: the reinstatement of financial compensation for local wheat and barley producers. In practical terms, the state purchases locally produced soft wheat (utilized for bread flour), durum wheat (used in pasta and bulgur production), and barley (primarily for animal feed) at a predetermined price. The objective of this initiative is to provide support to the local industry and ensure a portion of Lebanon’s requirements are met, as highlighted by caretaker Agriculture Minister Abbas Hajj Hassan, in an interview with L’Orient-Le Jour. “The government plans to repurchase approximately 60,000 tons of grain in 2023, including soft wheat, durum wheat and barley,” Hassan said. “It is ...

출처: UkrAgroConsult