Egypt is a leading importer of wheat
Audio By Carbonatix
The Egyptian prime minister has set a fixed price for unsubsidised bread with the aim of controlling rising food prices due to disruption to the wheat supply caused by Russia's invasion of Ukraine.
Moustafa Madbouly set the cost of commercially sold bread at 11.5 Egyptian pounds ($0.65; £0.5) for a kilo after prices rose by up to 25% in the past three weeks.
Egypt is regularly the biggest importer of wheat in the world - with Russia and Ukraine accounting for around 80% of imports last year.
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Latest Stories
-
EPA boss encourages journalists not to relent in their support to fight galamsey
9 minutes -
Domestic Gold Purchasing Programme helped Ghana’s economy during difficult period – IMF
11 minutes -
Ike City Group of Companies touches hearts at Dzorwulu Special School with compasionate donation
29 minutes -
Vehicle exhaust pipes on the left create about 40% more pollution on the road than those on the right – Study
39 minutes -
My Response to Dr Bryan Acheampong: Facts must prevail
45 minutes -
U.S. and Ghana Armed Forces strengthen medical readiness at SETAF-AF Best Medic Competition
1 hour -
Earlier passage of BoG’s Amendment Bill could have prevented haircuts – Dr. Asiama
2 hours -
Economic stability gains were hard-won through discipline and institutional effort – BoG Governor
2 hours -
GCB Bank rewards customers at first “Pa To Pa” Promo Draw
2 hours -
EC sets March 3 for Ayawaso East by-election
3 hours -
Call for Applications: WikkiTimes launches Anas Aremeyaw Anas AI fellowship
3 hours -
GPL 2025/26: Dreams hold Hearts as Phobians record 8th draw
3 hours -
If you attempt to bribe a police officer now, he will disgrace you; he wants a promotion – IGP Yohuno
3 hours -
Kwabena Adu Koranteng: KGL: Ghana’s most transparent, accountable indigenous corporate brand
3 hours -
This Saturday on Newsfile: NPP presidential primaries, Ofori-Atta, Sedina detention and LGBTQ-tainted manual
3 hours
