The August 2022 edition of our Vallis external newsletter is now available at the below link. This report provides an overview of Egypt’s food security crisis, discussing vividly how the Egyptian government are taking initiatives in raising domestic production and locating new wheat importers to mitigate the losses from the economic repercussions of the Russian war on Ukraine and outlining the attempts of reforming food subsidies through the history of Egypt.
“In several developing countries, food imports have been on the rise significantly. In some cases, the increase reflects rapid population growth or the slow growth of domestic food production and responses to world market prices. There are a number of salient features of food imports among developing countries. Food imports often comprise a significant proportion of total import expenditure to fulfill any shortfalls. Most food imports in developing countries are almost universally under the control of a state authority; private external grain trade is typically prohibited. Food imported under concessionary terms as foreign aid represents an important part of total supplies.”
To see more of the report click on the following link