Cairo – The Egyptian Ministry of Finance announced the launch of the second initiative for supporting small exporters under the patronage of the cabinet.
Under the initiative, exporters will receive their subsidies owed by the Export Development Fund, the finance ministry said on its official Facebook page on Monday.
The maximum limit for the immediate disbursement of subsidies has been raised to EGP 5 million from EGP 1 million due to the repercussions of the coronavirus (COVID-19) crisis.
Source: Mubasher
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