Egypt’s strategic reserve of basic commodities is safe and above international standards, the chairman of the Holding Company for Food Industries assured Tuesday Oct 13,2020.
The strategic reserve of oils is enough for four months, Ahmed Hassanein said
in statements to MENA.
Sugar reserves will suffice for seven months and rice is enough for not less
than three months, he noted, Hassanein added that the strategic reserves of poultry
could last until the first half of 2021, while meat reserves are enough for
more than one year.
Asked about the impact of coronavirus on the supply of commodities, Hassanein
told MENA that the government acted professionally to secure goods in big
quantities at the different outlets. That’s why no shortage or price hikes were
reported over the past period, he noted, Hassanein stressed that his company
would continue to act to secure commodities for citizens.
Source: State Information Service
