{"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":"

The government has allocated EGP 8 bn for export subsidies during the current <\/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 statement<\/a>.<\/p>\n

The Egyptian Natural Gas Holding Company (EGAS)<\/strong> and the Egyptian <\/strong>Petrochemicals Holding Company (ECHEM)<\/strong> 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":"

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 […]<\/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":"\nGov\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 […]\" \/>\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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Egypt\u2019s export councils, along with the Egyptian Businessmen\u2019s\u2026","rel":"","context":"In "Speed Round"","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":628262,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/06\/28\/late-export-subsidies-could-be-disbursed-sooner-than-we-thought\/","url_meta":{"origin":557353,"position":1},"title":"Late export subsidies could be disbursed sooner than we thought","author":"enterpriseam admin","date":"28 June 2018","format":false,"excerpt":"EXCLUSIVE- Late export subsidies could be disbursed sooner than we thought: Finance Minister Mohamed Maait will meet with Trade and Industry Minister Amr Nassar early on in the new fiscal year (which starts next week) to devise a strategy for disbursing overdue payments from the Export Subsidy Fund \u2014 an\u2026","rel":"","context":"In "Speed Round"","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":559699,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/02\/01\/export-subsidy-haircut-scheme-extended-into-2021\/","url_meta":{"origin":557353,"position":2},"title":"Export subsidy haircut scheme extended into 2021","author":"enterpriseam admin","date":"1 February 2021","format":false,"excerpt":"Export subsidy payout program carries forward to 2021: Exporters will be able to apply to receive back-due subsidy payments in a lump sum between 7-28 February, Finance Minister Mohamed Maait said yesterday. Companies who apply will receive payment either at the end of February, the end of April or 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\/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":3},"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 "Speed Round"","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":646219,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/06\/08\/fuel-subsidies-in-fy2017-18-budget-remain-unchanged-maait\/","url_meta":{"origin":557353,"position":4},"title":"Fuel subsidies in FY2017-18 budget remain unchanged -Maait","author":"enterpriseam admin","date":"8 June 2017","format":false,"excerpt":"Fuel subsidies in the FY2017-18 budget have not changed: The amounts earmarked for energy subsidies in the FY2017-18 budget have not changed since the original announcement last month, Vice Minister of Finance Mohamed Maait said on Wednesday, according to Al Mal. The budget allocates EGP 140 bn to energy subsidies,\u2026","rel":"","context":"In "Speed Round"","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":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":5},"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. 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