Egypt pays over 18 billion EGP in sugarcane dues to farmers

Prime Minister Mostafa Madbouly convened a meeting today to review sugarcane supply dues to farmers and supply prices of strategic commodities.

• Madbouly met with Finance Minister Ahmed Kojak, Supply Minister Sherif Farouk, and Agriculture Minister Alaa El-Din Farouk to follow up on sugarcane supply dues.
• Supply Minister Sherif Farouk said the government has paid more than 18 billion EGP to sugarcane farmers so far.
• The meeting affirmed that strategic reserves of sugar and other commodities remain at safe levels sufficient for extended periods.
• Madbouly stressed full commitment to paying supply prices for strategic commodities on their scheduled dates.