Egypt Secures Wheat Stocks, Plans Flour Initiative for Private Bakeries

Egypt’s supply minister has announced that wheat stocks have been secured for an extended period, alongside plans for an initiative to provide flour to private bakeries known locally as tourist bakeries.

The announcement concerns proactive measures taken by the Ministry of Supply and Internal Trade to secure wheat supplies. The brief summary did not specify the size of the reserves or how long they would cover demand.

The flour initiative would target tourist bakeries, which operate outside the subsidized bread system. No details were provided on pricing, eligibility or when supplies would become available.

Further details of the ministry’s measures are expected to be published on Wednesday. The available summary offered no additional information on how either the wheat arrangements or the flour initiative would be implemented.