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Monday, 6 June 2016

Agriculture ministry says 4.7 mn tonnes of wheat collected, experts put number into question, ministry denies allegations

An economist is questioning the accuracy of the government’s reported what purchase figures this harvest season. The state has claimed to have purchased 4.71 mn tons of domestically grown wheat this season, but Mohsen Al Batran, head of Cairo University’s Center for Economic Research and Studies, told Al Masry Al Youm that the state’s total storage and silo capacity stands at something on the order of 4 mn tons, calling into question both this year’s figure and last year’s report that the state had purchased 5.3 mn tons from local growers. The agriculture ministry has denied the allegations, with spokesman Eid Hawwash telling Al Mal the numbers are accurate and can be verified with the General Authority for the Control of Exports and Imports, the General Authority for Supply Commodities, and Cabinet.

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