Cabinet greenlights 7th phase of immediate cash payment initiative

Updated 3/6/2024 4:34:00 PM
Cabinet greenlights 7th phase of immediate cash payment initiative

Arab Finance: The Egyptian cabinet has approved launching the seventh phase of the immediate cash payment initiative to support exporters with EGP 8 billion, as per a statement.

The phase will assist in settling arrears owed to the Exports Development Fund (EDF) for shipments until September 30th, 2023.

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