{"id":557353,"date":"2021-09-15T04:00:47","date_gmt":"2021-09-15T04:00:47","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2021\/09\/15\/govt-allocates-egp-8-bn-to-export-subsidies-in-fy-2021-2022\/"},"modified":"2021-09-15T04:00:47","modified_gmt":"2021-09-15T04:00:47","slug":"govt-allocates-egp-8-bn-to-export-subsidies-in-fy-2021-2022","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2021\/09\/15\/govt-allocates-egp-8-bn-to-export-subsidies-in-fy-2021-2022\/","title":{"rendered":"Gov\u2019t allocates EGP 8 bn to export subsidies in FY 2021-2022"},"content":{"rendered":"<p><strong>The government has allocated EGP 8 bn for export subsidies during the current <\/strong><strong>fiscal year, <\/strong>after having paid out EGP 28 bn in arrears to exporters between March 2020 and June 2021, Finance Minister Mohamed Maait said in a <a href=\"https:\/\/bit.ly\/3kPL4UZ\">statement<\/a>.<\/p>\n<p>The <strong>Egyptian Natural Gas Holding Company (EGAS)<\/strong> and the <strong>Egyptian <\/strong><strong>Petrochemicals Holding Company (ECHEM)<\/strong> <a href=\"https:\/\/admin.alborsanews.com\/2021\/09\/14\/1460550\">signed a MoU<\/a> with Toyota to study the possibility of producing the low carbon fuel ingredient blue ammonia.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The government has allocated EGP 8 bn for export subsidies during the current fiscal year, after having paid out EGP 28 bn in arrears to exporters between March 2020 and June 2021, Finance Minister Mohamed Maait said in a statement. The Egyptian Natural Gas Holding Company (EGAS) and the Egyptian Petrochemicals Holding Company (ECHEM) signed [&hellip;]<\/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":[111,72,277,1231,132],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-557353","post","type-post","status-publish","format-standard","hentry","category-also-on-our-radar","tag-also-on-our-radar","tag-enterpriseam","tag-mohamed-maait","tag-toyota","tag-trade","wpautop","entry"],"acf":{"mongo_id":"92641dcf-7c8f-406b-9a5d-4fc106f53986","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[557337],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Gov\u2019t allocates EGP 8 bn to export subsidies in FY 2021-2022 - 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\/2021\/09\/15\/govt-allocates-egp-8-bn-to-export-subsidies-in-fy-2021-2022\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Gov\u2019t allocates EGP 8 bn to export subsidies in FY 2021-2022\" \/>\n<meta property=\"og:description\" content=\"The government has allocated EGP 8 bn for export subsidies during the current fiscal year, after having paid out EGP 28 bn in arrears to exporters between March 2020 and June 2021, Finance Minister Mohamed Maait said in a statement. The Egyptian Natural Gas Holding Company (EGAS) and the Egyptian Petrochemicals Holding Company (ECHEM) signed [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2021\/09\/15\/govt-allocates-egp-8-bn-to-export-subsidies-in-fy-2021-2022\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2021-09-15T04:00:47+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/09\/15\/govt-allocates-egp-8-bn-to-export-subsidies-in-fy-2021-2022\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/09\/15\/govt-allocates-egp-8-bn-to-export-subsidies-in-fy-2021-2022\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Gov\u2019t allocates EGP 8 bn to export subsidies in FY 2021-2022\",\"datePublished\":\"2021-09-15T04:00:47+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/09\/15\/govt-allocates-egp-8-bn-to-export-subsidies-in-fy-2021-2022\/\"},\"wordCount\":79,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"ALSO ON OUR RADAR\",\"EnterpriseAM\",\"Mohamed Maait\",\"Toyota\",\"trade\"],\"articleSection\":[\"Also on our Radar\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/09\/15\/govt-allocates-egp-8-bn-to-export-subsidies-in-fy-2021-2022\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2021\/09\/15\/govt-allocates-egp-8-bn-to-export-subsidies-in-fy-2021-2022\/\",\"name\":\"Gov\u2019t allocates EGP 8 bn to export subsidies in FY 2021-2022 - 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Companies who apply will receive payment either at the end of February, the end of April or the\u2026","rel":"","context":"In &quot;Also on our Radar&quot;","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\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":574301,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/09\/06\/export-subsidy-fund-to-pay-out-egp-400-mn-in-overdue-subsidies-in-september\/","url_meta":{"origin":557353,"position":1},"title":"Export Subsidy Fund to pay out EGP 400 mn in overdue subsidies in September","author":"enterpriseam admin","date":"6 September 2020","format":false,"excerpt":"The Export Subsidy Fund will dole out EGP 400 mn in export subsidies this month after inking 35 new agreements with exporters to disburse EGP 2 bn in subsidy arrears, Finance Minister Mohamed Maait said in a statement yesterday. This brings the total number of agreements signed with exporters since\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2020\/9\/68.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":594873,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/09\/10\/finmin-has-paid-exporters-egp-1-4-bn-in-subsidy-arrears-maait\/","url_meta":{"origin":557353,"position":2},"title":"FinMin has paid exporters EGP 1.4 bn in subsidy arrears -Maait","author":"enterpriseam admin","date":"10 September 2019","format":false,"excerpt":"FinMin has paid exporters EGP 1.4 bn in subsidy arrears -Maait: The Finance Ministry has disbursed over the past few weeks EGP 1.4 bn in overdue subsidy payments the government has owed to exporters since last year, Finance Minister Mohamed Maait said yesterday, according to Hapi Journal. A number of\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":556558,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/10\/31\/fourth-phase-of-export-subsidy-payout-program-to-launch-in-november\/","url_meta":{"origin":557353,"position":3},"title":"Fourth phase of export subsidy payout program to launch in November","author":"enterpriseam admin","date":"31 October 2021","format":false,"excerpt":"The Finance Ministry will launch a fourth phase of its export subsidy program at the start of November, Finance Minister Mohamed Maait said in a statement on Thursday. The program allows exporters to receive overdue subsidies in a single payment rather than in installments over four to five years, in\u2026","rel":"","context":"In &quot;SUBSIDIES&quot;","block_context":{"text":"SUBSIDIES","link":"https:\/\/enterpriseam.com\/egypt\/category\/subsidies\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/10\/325.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":578204,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/12\/19\/another-export-subsidies-milestone-beni-suef-dry-port-tender-coming-next-year\/","url_meta":{"origin":557353,"position":4},"title":"Another export subsidies milestone + Beni Suef dry port tender coming next year","author":"enterpriseam admin","date":"19 December 2022","format":false,"excerpt":"EXPORTS- That\u2019s a wrap: The government disbursed EGP 2.5 bn to 584 exporters last Thursday to wrap the fifth phase of its export subsidy program, the Finance Ministry said in a statement. The fifth phase of the program saw more than 1.6k exporters receive a total EGP 9.7 bn in\u2026","rel":"","context":"In &quot;Also on our Radar&quot;","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\/394.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":595082,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/09\/16\/egypt-to-launch-today-the-new-egp-6-bn-export-subsidy-framework\/","url_meta":{"origin":557353,"position":5},"title":"Egypt to launch today the new EGP 6 bn export subsidy framework","author":"enterpriseam admin","date":"16 September 2019","format":false,"excerpt":"The government will begin implementing today the promised EGP 6 bn new export subsidy framework after holding several meetings with the export councils, reports Al Mal. 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