{"id":546627,"date":"2022-05-23T04:00:57","date_gmt":"2022-05-23T04:00:57","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2022\/05\/23\/exporters-want-more-support-as-govt-wraps-up-latest-phase-of-subsidy-program\/"},"modified":"2022-05-23T04:00:57","modified_gmt":"2022-05-23T04:00:57","slug":"exporters-want-more-support-as-govt-wraps-up-latest-phase-of-subsidy-program","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2022\/05\/23\/exporters-want-more-support-as-govt-wraps-up-latest-phase-of-subsidy-program\/","title":{"rendered":"Exporters want more support as gov\u2019t wraps up latest phase of subsidy program"},"content":{"rendered":"

Gov\u2019t<\/strong> wraps up fourth phase of export subsidy program<\/strong>: Some EGP 261 mn in overdue export subsidies was paid out to more than 130 businesses during the fourth phase of the government\u2019s export subsidy program, which started in November<\/a>, the Finance Ministry said in a statement<\/a>. The program allows exporters to receive overdue subsidies in a single payment rather than in installments over four to five years, in return for a 15% haircut.<\/p>\n

Exporters want more support to boost exports:<\/strong> More government investment and longer installment periods for industrial plots were among the requests made by exporters during a meeting with Prime Minister Madbouly yesterday, according to a cabinet statement<\/a>.<\/p>\n

US approves USD 691 mn arms sale to Egypt:<\/strong> The US could sell Egypt USD 691 mn worth of missiles after the State Department last week approved the purchase request, the US Department of Defense said in a statement<\/a> Thursday. The order includes 5k TOW missiles, support equipment and spare parts, as well as technical and logistical support and training.<\/p>\n","protected":false},"excerpt":{"rendered":"

Gov\u2019t wraps up fourth phase of export subsidy program: Some EGP 261 mn in overdue export subsidies was paid out to more than 130 businesses during the fourth phase of the government\u2019s export subsidy program, which started in November, the Finance Ministry said in a statement. The program allows exporters to receive overdue subsidies in […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7209],"tags":[111,1527,72,494,320,996,117,364],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-546627","post","type-post","status-publish","format-standard","hentry","category-also-on-our-radar","tag-also-on-our-radar","tag-emaar-misr","tag-enterpriseam","tag-hayah-karima","tag-security","tag-unicef","tag-us","tag-water","wpautop","entry"],"acf":{"mongo_id":"60f54534-cbd8-45c7-88b8-7794dbff513e","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[546602],"teaser":"","voice_url":""},"yoast_head":"\nExporters want more support as gov\u2019t wraps up latest phase of subsidy program - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2022\/05\/23\/exporters-want-more-support-as-govt-wraps-up-latest-phase-of-subsidy-program\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Exporters want more support as gov\u2019t wraps up latest phase of subsidy program\" \/>\n<meta property=\"og:description\" content=\"Gov\u2019t wraps up fourth phase of export subsidy program: Some EGP 261 mn in overdue export subsidies was paid out to more than 130 businesses during the fourth phase of the government\u2019s export subsidy program, which started in November, the Finance Ministry said in a statement. 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GASC made at least one other direct purchase of Russian wheat last month shortly after it canceled a tender due to high prices.TRADE-The\u2026","rel":"","context":"In "Also on our Radar"","block_context":{"text":"Also on our Radar","link":"https:\/\/enterpriseam.com\/egypt\/category\/also-on-our-radar\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/12\/192.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":555535,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/11\/17\/export-development-fund-needs-more-time-to-pay-arrears\/","url_meta":{"origin":546627,"position":3},"title":"Export Development Fund needs more time to pay arrears","author":"enterpriseam admin","date":"17 November 2021","format":false,"excerpt":"Export Development Fund needs more time to pay arrears: The Export Development Fund is extending the third phase of its subsidy program until 23 December to give it more time to pay out arrears to exporters, Al Borsa reports. 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