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Egypt's strategic goods reserves sufficient for six months, prime minister says

ReutersApr 1, 2026 4:06 PM

- Egypt's reserves of strategic goods are enough to last for six months, with the government working to add two more months' worth, Prime Minister Mostafa Madbouly said on Wednesday at a press conference.

Egypt will also raise the local wheat procurement price to 2,500 pounds ($46.76) per ardeb (150 kg), the finance minister said.

($1 = 53.4700 Egyptian pounds)

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