Egyptian Prime Minister Dr. Mustafa Madbouli chaired a meeting on Sunday, October 4, 2026, to review the status of payments to farmers for sugarcane and discuss prices for strategic commodities. The meeting was attended by Finance Minister Ahmed Kujok, Supply and Internal Trade Minister Dr. Sharif Farouk, Agriculture and Land Reclamation Minister Alaa El-Din Farouk, and other relevant officials. The government has emphasized its commitment to paying farmers for their sugarcane crops.
The meeting aimed to ensure timely payments to farmers, a crucial aspect of Egypt's agricultural sector. According to Supply and Internal Trade Minister Dr. Sharif Farouk, the government has already paid over 18 billion Egyptian pounds to sugarcane farmers. This move demonstrates the state's dedication to supporting farmers as key partners in achieving food security. The minister highlighted the importance of collaboration among all concerned parties to enhance production efficiency and supply chain management.
The Egyptian government prioritizes the development of the sugar industry as a vital food sector. Efforts focus on improving production and supply chain efficiency to ensure a stable sugar supply and achieve food security. The current strategic reserve of sugar and other essential commodities is at a safe level, sufficient for an extended period. This stability reflects the government's effective management of the supply chain and its ability to meet citizens' needs.
The meeting also reviewed the current production status of sugar from various sources and assessed its availability. Officials emphasized the government's commitment to supporting the national industry and maintaining a stable supply of essential commodities. Prime Minister Madbouli stressed the importance of adhering to scheduled payment deadlines for strategic commodity prices. This commitment ensures the continuity of the strategic stock and reinforces food security efforts.
The discussion included prices for other strategic commodities. The Prime Minister emphasized the need for timely payments to maintain a stable supply of essential goods. The government's efforts focus on supporting the agricultural sector and ensuring a stable food supply. By prioritizing payments to farmers and managing the supply chain effectively, the government aims to achieve food security and support the national economy.
Egypt's agricultural sector plays a vital role in the country's economy. The government's commitment to supporting farmers and maintaining a stable supply of essential commodities is crucial for achieving food security. The strategic reserve of sugar and other commodities ensures a stable supply and helps regulate market prices. The government's efforts to enhance production efficiency and supply chain management will contribute to the sector's growth and stability.
The meeting concluded with an emphasis on the importance of collaboration among all concerned parties to achieve food security and support the agricultural sector. The government's commitment to paying farmers for their sugarcane crops and maintaining a stable supply of essential commodities reflects its dedication to supporting the sector. By prioritizing the agricultural sector, the government aims to achieve sustainable economic growth and improve the standard of living for Egyptian citizens.
Key points
- The Egyptian government has paid over 18 billion Egyptian pounds to sugarcane farmers.
- The strategic reserve of sugar and other essential commodities is at a safe level, sufficient for an extended period.
- The government prioritizes the development of the sugar industry as a vital food sector.