Egypt needs $100 bln over 7 years to bridge import gap: Sisi ...Egypt

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“We need US$100 billion over seven years to bridge the import gap, which amounts to about $30 billion annually,” President Abdel Fattah al-Sisi, said. This affirms the government’s commitment to providing a strategic stock of basic commodities, and calling for no concern about the availability of basic commodities in the markets. The Minister of Supply and Internal Trade, Ali al-Moselhy, was delivering his speech at the inauguration of the second phase of the Silo Foods project, in Sadat City, Monufiya Governorate, Thursday, that the government is committed to continuing to provide the strategic stock of basic commodities despite difficult economic conditions and the high cost required to pr

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Last updated : 09 February 2023 clock 03:16 PM

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Egypt needs $100 bln over 7 years to bridge import gap: Sisi ...Egypt

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