News

Egypt’s Prime Minister Urges Egyptians to Rationalize Food Consumption

Egypt’s Prime Minister Urges Egyptians to Rationalize Food Consumption

An Upper Egyptian farmer harvesting wheat.
Image Credit: Ahmed Dream/Flickr

Egypt’s Prime Minister Mostafa Madbouly stated in a press conference on Wednesday that the Government of Egypt is reviewing its policies ahead of Eid El-Adha, July 9, in order to combat the global food crisis and stabilize meat prices.

Madbouly noted that the government is exerting tremendous effort to mitigate the crisis, and urged the Egyptian public to “rationalize” their food consumption in order to lessen the constraints and pressures that are imposed on the government, according to Ahram Online.

On the same day, Minister of Supply and Internal Trade Ali Moselhi noted that Egypt has strategic reserves of basic commodities, and that cooking oil, wheat, and sugar will be sufficient for the upcoming six months.

Moselhi added that Egypt is looking to strengthen international cooperation and sign agreements with a number of countries to find alternatives to Russia and Ukraine’s wheat imports.

This week, the G7 countries released a joint statement expressing their support for Egypt during the ongoing global wheat crisis, noting that it is “enhancing cooperation with Egypt to meet this crisis, through increased support for the World Food Program’s activities in Egypt and regional frameworks.”

To mitigate the crisis, Egypt issued a new government decree which aims to regulate the trade and sale of locally sourced wheat supplies.

The decree stipulates that all registered wheat farmers must supply approximately 60 percent of yields per feddan to local authorities. These local authorities include the Egyptian Holding Company for Silos and Storage (EHCSS), the General Company for Silos and Storage, the mill companies affiliated to the Holding Company for Food Industries, and the Agricultural Bank of Egypt.

Additionally, to restrict the trade of local wheat supplies, the decree also prohibits the sale of local wheat supplies to non-governmental bodies, except after obtaining a permit from the Ministry of Supply and Internal Trade.

Egypt is the world’s largest importer of wheat, according to the Observatory of Economic Complexity, importing 80 percent of the grain from Russia and Ukraine. Locally, Egypt cultivates 3.7 million acres with wheat, producing 9.5 to 10 million tons, according to the Minister of Agriculture and Land Reclamation.

Homesickness, Performance Anxiety, and Fear of Missing Out: Struggles of Egyptian Youth Abroad
Egypt, Israel, and EU Sign Deal to Export Natural Gas to Europe

Subscribe to our newsletter


News

More in News

Egypt to Introduce Apple Pay and Samsung Pay: Central Bank of Egypt

Mona Abdou29 June 2022

World Bank to Provide Egypt with $500 Million to Boost Food Security

Farah Rafik29 June 2022

Egypt Triumphs to Historic Table Tennis Gold

Shereif Barakat28 June 2022

Death Sentence for Egyptian Man Who Killed Nayera Ashraf for ‘Rejecting Him’

Marina Makary28 June 2022

Missing News Anchor Shaima Jamal’s Body Found Buried Under Mansouria Villa

Mona Abdou28 June 2022

Egypt-Qatar Summit: Newly Reconciled Countries Committed to Furthering Cooperation

Eleonora Christo Vostanis26 June 2022

UN Concludes Palestinian Journalist Shireen Shireen Abu Akleh Killed by Israeli Forces

Egyptian Streets25 June 2022

Former Al-Azhar Dean Condemned for Victim-Blaming Murdered Mansoura Student

Mona Abdou22 June 2022