The meeting brought together Prime Minister Mostafa Madbouly, Minister of Supply Sherif Farouk, Minister of Agriculture Alaa Farouk, and Director of the Future of Egypt for Sustainable Development initiative Bahaa El-Ghannam.
Presidential spokesman Mohamed El-Shennawy stated that the meeting reviewed the strategic reserves of key commodities, including wheat, sugar, oil, meat, and poultry, with Egypt’s food security described as stable and reassuring.
Procurement updates included 3.4 million tonnes of wheat, 192,000 tonnes of crude vegetable oil, 4,000 tonnes of frozen poultry, and 6,000 tonnes of frozen meat.
The government is also working to diversify wheat import sources to avoid supply disruptions, El-Shennawy noted.
El-Sisi emphasized the importance of coordination among state bodies responsible for food security, ensuring their work aligns with national policy. Cooperation with the Future of Egypt initiative was highlighted to identify land in the New Delta suitable for cultivating strategic crops and boosting self-sufficiency.
The meeting also discussed efforts to regulate bakeries, mills, and local markets, as well as progress in the “one-day market” initiative launched in November 2024. Over 400 markets are now operational.
Updates were shared on expanding private sector partnerships and attracting foreign investment in the retail sector. Projects are underway in Obour, Nasr City, and Qalyub. Preparations are also ongoing for a government-backed retail chain, Carry On, the first unified brand developed in partnership with private sector actors.
Officials also reviewed efforts to digitize subsidy recipient databases, aiming to ensure benefits reach eligible groups.
The development of a national commodity exchange was discussed as a means to stabilize prices and improve the availability of goods. Exporters and importers have begun registering, and draft legislation is being prepared to regulate their operations according to international standards.
Other topics included strategic crop cultivation, procurement policy, agricultural digitization, fertilizer supply—especially nitrates and urea—and cost-efficiency reforms to support farmers.
El-Sisi reiterated the importance of boosting red meat and dairy production through genetic improvements in livestock, as part of broader efforts to enhance agricultural productivity and mechanization.
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