#ukraine crisis
Egypt’s strategic wheat reserves will be depleted in the coming 2.6 months, stated Cabinet Spokesperson, Nader Saad, on 4 April in an official Facebook statement. The news comes in context to the global wheat shortages caused by the Russian invasion on Ukraine, as Egypt’s wheat supply was hit severely considering Russia and Ukraine provided the majority of its wheat imports. Beyond the 2.6 month’s worth of wheat, the official statement also assures other commodity reserves are sufficient. These commodities include…