Saturday, February 18, 2023

Ethiopia: The Domestic Wheat Market Is In Trouble

Ethiopia: The Domestic Wheat Market Is In Trouble
Consumers say that the domestic wheat market is in trouble now that Ethiopia has announced that it will supply wheat to the foreign market.

It is known that the government has announced a few days ago that the country has the capacity to cover its consumption and supply 32 million quintals of wheat to the foreign market.

However, the Flour Manufacturers Association told Voice of America that some flour mills have shut down due to a lack of resources.

The economists who gave us their opinion regarding wheat export, on their part, stated that it is normal to supply products to the foreign market despite the shortage, in relation to the demand for foreign exchange and political goals.

However, he said that the main issue is why the foreign currency obtained in this situation will be used.
https://zehabesha.com/the-domestic-wheat-market-is-in-trouble/

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