The increase in purchases due to the desire of the Egyptian government to reduce the deficit, which was formed as a result of the significant reduction of private imports.

Recently the authorities thwarted a number of fraudulent schemes, when private companies bought cheap grain in other States, and then sold it to the state as the wheat of local production at higher prices. As a result, exposing a number of companies, the stocks of wheat in the country has decreased significantly.

The plans of the Egyptian authorities in the matter of import of wheat in 2017/18 mg amounts to 7 million tonnes, 1 million tonnes more than last year's value. Having scheduled procurement plan, the government will be able to get away from the gray schemes and it is essential to save the country's budget.

Photo: agrodaily.com