Egypt pays overdue export subsidies in FY19/20 – ZAWYA

Egypt pays overdue export subsidies in FY19/20 – ZAWYA

egypt pays overdue export subsidies in fy19/20 this is in line with the country's efforts to help exporters    cairo - mubasher: egypt disbursed egp 6 billion worth of overdue export subsidies to 1,667 companies during fiscal year 2019/2020, the country's finance minister mohamed maait said.this is in line with the country's efforts to help exporters withstand the current crisis, maait added in a statement on monday.the country has been committed to paying overdue export subsidies owed by the export development fund since 2012 in collaboration with the ministry of trade and industry.maait further revealed that the government allocated egp 7 billion to support exports during fy20/21.source: mubasherall rights reserved - mubasher info © 2005 - 2020 provided by syndigate media inc. (syndigate.info). most read stock market datadubai fm 2,064.96183,163,012(0.17% )abu dhabi se 4,238.50564,090,491(-0.41% )saudi se 7,377.36419,028,795(-0.62% )egypt se 10,380.450(0.97% )most active stocks moreour privacy statement & cookie policythis website uses cookies to improve your online experience. they were placed on your computer when you launched this website. you can change your cookie settings through your browser.privacy statementcookie policy