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Number Seven Thousand Six Hundred and Eighteen - 03 August 2024
Iran Daily - Number Seven Thousand Six Hundred and Eighteen - 03 August 2024 - Page 2
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Guaranteed wheat purchases near 10m tons: GTC

Iran’s domestic purchases of wheat is reaching 10 million metric tons (mt) this year amid better government supports for farmers that has helped the country cut back on imports of basic goods and commodities.
The Government Trading Corporation of Iran (GTC) said that domestic wheat purchases had reached a total of 9.849 million mt since the start of harvesting season in April, Press TV reported.
GTC’s CEO Saeid Raad said the purchases had increased by some 17% compared to the similar period last
year.
Raad said the value of wheat purchased from domestic farmers this year had reached a total of 1,735 trillion rials (2.9 billion), adding that the government had spent some 470 trillion rials more on wheat purchases compared to the harvesting season
in 2023.
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