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Ensuring the sustainability of Egyptian food security

GASC is considered one of the economic entities vested with the following tasks :-

Providing sufficient quantities of basic strategic goods to citizens, whether by import or local production, with appropriate quality Ensuring a secure balance of all strategic commodities Enabling all citizens to access sufficient and fair quantities of food commodities

GASC is considered one of the economic entities vested with the following tasks :-

Procuring the supply commodities, within the framework of subsidy plan adopted by the state, to meet the needs of  the broad strata of the limited income class of people Playing its role to keep the local market balanced by the way of controlling the quantity and price of  home trade, so as to maintain food security and prevent monopoly practices. Supplying, whether by importation or by local procurement, basic commodities decreed by the ministry of supply and internal trade along with any other commodity monopolized within thelocal market. GASC, through the subsidies made available by the ministry of finance, spends a lot of money on the commodities commissioned to secure. Subsidy sum is the difference between the cost of product and  its marketing price.