AreaEgypt

Commodity GroupGrains

CommodityWheat

Date06/05/2020

Policy CategoryConsumption and marketing

Policy InstrumentGovernment market intervention

DescriptionApproved a USD 100 million financing agreement between the International Islamic Trade Finance Corporation and the General Authority For Supply Commodities (GASC) for the purchase of essential commodities, including 240 000 tonnes of wheat, against the backdrop of the COVID-19 pandemic.