The Economic Development Sector reviews a report on reviewing the purchase price of wheat

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The Economic Development Sector reviews a report on reviewing the purchase price of wheat

The Economic Development Sector of the Council of Ministers reviewed in its meeting today, Monday 24 February 2020, headed by Mr. / Dr. Ibrahim Ahmed Al-Badawi, Minister of Finance and Economic Planning, a report on reviewing the purchase price of wheat for the season (2019 - 2020), which included adjusting the focus price of the wheat sac to 3,000 pounds instead of 2,500 pounds and provide financial resources to the Agricultural Bank to enter into the purchase of wheat produced and the purchase of strategic stocks of wheat seed
 
The report pointed out that the wheat cultivated areas in the current season increased by 3% from the previous season, and the amount of microfinance was increased from 100 thousand pounds to 200 thousand pounds, as well as the inclusion of states in Darfur as states producing wheat and a large part of production inputs were provided
 
The meeting recommended focusing on the localization of wheat cultivation as a strategic crop for self-sufficiency, provision of hard currency, and rehabilitation of irrigation projects (devolution) in production areas, and eencouraging the production of seeds locally with international specifications and greater percentages for self-sufficiency and export