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Egypt has six months worth of sugar reserves: minister of supply

Egypt has sufficient strategic sugar reserves equivalent to six months of consumption, Minister of Supply Aly Moselhy said on Monday. However, the minister did not specify the exact amount of these reserves. Last week, Egypt cancelled a tariff imposed last year on sugar exports, the Ministry of Trade and Industry said in a statement received …

Mohamed Samir

Challenges that new ministers face

On 16 February, Prime Minister Sherif Ismail got parliamentary approval for the new ministers that he had chosen for the cabinet reshuffle. The reshuffle comes during a time that is seeing extreme instability of the economy. The new ministers will also have to deal with the heavy burdens that citizens face after the implementation of …

Hisham Salah

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