Egypt launches 4th phase of lump-sum export subsidy dues payment: Finance Minister
Application to new phase run from 30 January to 20 February
Latest in Tag: lump-sum Highlight
Latest in Tag: lump-sum
1,601 companies benefit from 2nd phase of lump-sum export subsidy dues payment
Total of EGP 5.6bn was dispersed in FY 2019/20, in addition to EGP 2.4bn from 1 July to 25 November
1,137 requests for lump-sum payment of export subsidy dues reviewed: Official
It comes as part of the lump-sum payment initiative recently announced by the Egyptian government, to settle the delayed dues of companies with the fund.
Investors can apply for lump-sum payment of export subsidy dues in November: Maait
The initiative has been designed to provide exporters with cash liquidity required to fulfil their obligations and preserve employment.