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المصري اليوم
Finance Minister: 6B Pounds for Exporter Payments
The ministry focused on allocating 6 billion Egyptian pounds to disburse the third installment of overdue payments to exporters in cash for shipments made before July 1, 2024. Companies will be able to submit their applications starting from August 16 until October 1, with the payments scheduled for October 22. Over the past six years, the state has paid more than 80 billion pounds to exporters and is working to complete all outstanding dues within two years. Additionally, support for exports is set to increase to 28 billion pounds during the 2025/2026 fiscal year, with an annual growth rate of 55%. The government aims to provide liquidity to stimulate the export sector and to develop the export system through coordination with the Ministry of Investment and Foreign Trade to open new markets and enhance competitiveness.
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