Egypt's Ministry of Supply and Internal Trade, led by Dr. Sherif Farouk, is working to develop the production of free-market bread and pastry, while continuing to subsidize bread for citizens with ration cards. The ministry's goal is to ensure a stable supply of bread and pastry at reasonable prices. Recently, the ministry met with the Grain Industry Chamber and the General Bakery Association to discuss the supply of flour and the production of subsidized bread.
The meeting aimed to review the availability of flour and the smooth operation of the subsidized bread system, as well as the production of free-market bread and pastry. The Grain Industry Chamber proposed an initiative to supply flour to licensed tourist bakeries, which produce free-market bread and pastry, under the supervision of the Ministry of Supply and Internal Trade. This initiative aims to stabilize prices and prevent unjustified increases.
The local market consumes approximately 560,000 tons of wheat per month, with 200,000 tons used for pasta production, 200,000 tons for tourist bakeries and restaurants, and 160,000 tons for confectionery and biscuit production. The Grain Industry Chamber expressed its readiness to supply flour to licensed tourist bakeries and to separate production from distribution in various governorates at actual costs.
The Ministry of Supply and Internal Trade is working to ensure the availability of subsidized bread for citizens with ration cards, while also providing free-market bread and pastry at reasonable prices. The ministry is monitoring the commitment of bakeries to apply set prices and weights, and is working to develop the bakery system to ensure the production of high-quality bread.
The Grain Industry Chamber's initiative is part of the state's efforts to achieve food security and stabilize the market. The chamber's proposal aims to ensure the continued stability of bread and pastry prices, and to prevent any unjustified increases. The Ministry of Supply and Internal Trade is working to implement this initiative, in cooperation with the Grain Industry Chamber.
Egypt has been able to avoid any shortages of essential goods, including bread, despite regional events and global supply chain disruptions. The state's proactive approach and the Ministry of Supply's success in building strategic reserves of food products have contributed to this stability. The Ministry of Supply and Internal Trade is committed to providing high-quality bread and pastry at reasonable prices.
The state's efforts to secure basic goods, including bread and pastry, have been decisive in preventing any crises. The Grain Industry Chamber's initiative is part of these efforts, and aims to ensure the continued availability of bread and pastry at reasonable prices. The Ministry of Supply and Internal Trade will continue to work to achieve food security and stabilize the market.
Key points
- The Grain Industry Chamber has proposed an initiative to supply flour to licensed tourist bakeries to stabilize bread and pastry prices.
- The local market consumes approximately 560,000 tons of wheat per month for various purposes.
- The Ministry of Supply and Internal Trade is working to develop the bakery system and ensure the production of high-quality bread.
