Markets and trade
 

Detail

Area
Egypt
Commodity Group
Grains
Commodity
Wheat
Date
01/07/2020
Policy Category
Consumption and marketing
Policy Instrument
Government market intervention
Description
Announced the provision of EGP 4 billion (USD 252 million) to the General Authority for Supply Commodities, the state grains authority, as part of funding to cover the costs of the food subsidy card system, breadmaking and distribution expenses, as well as the purchase of locally grown wheat, in response to the COVID-19 pandemic.