Egypt seeks international support to deal with food shortage caused by Ukraine crisis

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Egypt seeks international support to deal with food shortage caused by Ukraine crisis

STORY: Egypt seeks international support to deal with food shortage caused by Ukraine crisis DATELINE: July 21, 2022 LENGTH: 0:01:04 LOCATION: Cairo CATEGORY: ECONOMY SHOTLIST: 1. various of factories, shopping malls and markets in Egypt STORYLINE: Egypt's minister of international cooperation Rania Al-Mashat said Wednesday that Egypt is discussing a contractual framework for wheat tenders with a World Bank delegation. It is the country's effort to deal with the repercussions of the Russian-Ukrainian crisis. During the discussion, Al-Mashat reviewed the amount of funding directed to the purchase of wheat, the completion of the system for building and modernizing silos, and achieving sustainability for the food system. She also touched on the program of supporting the state's general budget towards economic resilience and food security requirements in cooperation with the African Development Bank. A few days ago, the Board of Directors of the African Development Bank has approved a loan of 271 million U

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