{"id":571328,"date":"2020-05-07T04:00:42","date_gmt":"2020-05-07T04:00:42","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2020\/05\/07\/export-subsidy-fund-signs-41-new-pacts-to-dole-out-subsidy-arrears\/"},"modified":"2020-05-07T04:00:42","modified_gmt":"2020-05-07T04:00:42","slug":"export-subsidy-fund-signs-41-new-pacts-to-dole-out-subsidy-arrears","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2020\/05\/07\/export-subsidy-fund-signs-41-new-pacts-to-dole-out-subsidy-arrears\/","title":{"rendered":"Export Subsidy Fund signs 41 new pacts to dole out subsidy arrears"},"content":{"rendered":"<p><strong>The Export Subsidy Fund signed 41 new agreements to dish out subsidy<\/strong><strong> arrears to exporters<\/strong>, according to a <a href=\"https:\/\/bit.ly\/2W8Zhkw\">statement<\/a>from the finance and trade ministries. The statement did not disclose the value of the agreements. Trade and Industry Minister Nevine Gamea said that EGP 2.9 bn in payments are on their way for 2,056 companies. The government disbursed EGP 2.13 bn of arrears in the first four months of the year. The government has committed to <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/04c6867d-4ef6-4e52-b307-a945333c5adf\">doling out at least 30% of the arrears<\/a> it owes to exporters this year, with each company receiving at least EGP 5 mn. Small companies owed less than EGP 5 mn won\u2019t be <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/273a9132-fa01-426a-a67a-2fcfd80c2017\">won\u2019t be required to present tax clearances forms<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Export Subsidy Fund signed 41 new agreements to dish out subsidy arrears to exporters, according to a statementfrom the finance and trade ministries. The statement did not disclose the value of the agreements. Trade and Industry Minister Nevine Gamea said that EGP 2.9 bn in payments are on their way for 2,056 companies. The [&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":[8572],"tags":[72,5084,332,277,331,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-571328","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-export-subsidy-arrears","tag-export-subsidy-fund","tag-mohamed-maait","tag-nevine-gamea","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"184a92f4-bc63-4f3c-afdd-1bb6d0d62628","is_powered_by":true,"section_story_id":"6a6e2b8c-d828-4a7c-b218-b1aeeac53552","story_type":"1","photo_url":"","photo_position":"above","related_issue":[571310],"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>Export Subsidy Fund signs 41 new pacts to dole out subsidy arrears - 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\/2020\/05\/07\/export-subsidy-fund-signs-41-new-pacts-to-dole-out-subsidy-arrears\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Export Subsidy Fund signs 41 new pacts to dole out subsidy arrears\" \/>\n<meta property=\"og:description\" content=\"The Export Subsidy Fund signed 41 new agreements to dish out subsidy arrears to exporters, according to a statementfrom the finance and trade ministries. The statement did not disclose the value of the agreements. Trade and Industry Minister Nevine Gamea said that EGP 2.9 bn in payments are on their way for 2,056 companies. The [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2020\/05\/07\/export-subsidy-fund-signs-41-new-pacts-to-dole-out-subsidy-arrears\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2020-05-07T04:00:42+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\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/05\/07\/export-subsidy-fund-signs-41-new-pacts-to-dole-out-subsidy-arrears\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/05\/07\/export-subsidy-fund-signs-41-new-pacts-to-dole-out-subsidy-arrears\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Export Subsidy Fund signs 41 new pacts to dole out subsidy arrears\",\"datePublished\":\"2020-05-07T04:00:42+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/05\/07\/export-subsidy-fund-signs-41-new-pacts-to-dole-out-subsidy-arrears\/\"},\"wordCount\":122,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"export subsidy arrears\",\"export subsidy fund\",\"Mohamed Maait\",\"Nevine Gamea\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/05\/07\/export-subsidy-fund-signs-41-new-pacts-to-dole-out-subsidy-arrears\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2020\/05\/07\/export-subsidy-fund-signs-41-new-pacts-to-dole-out-subsidy-arrears\/\",\"name\":\"Export Subsidy Fund signs 41 new pacts to dole out subsidy arrears - 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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":569744,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/03\/05\/export-subsidy-fund-begins-paying-out-egp-1-bn-in-arrears\/","url_meta":{"origin":571328,"position":1},"title":"Export Subsidy Fund begins paying out EGP 1 bn in arrears","author":"enterpriseam admin","date":"5 March 2020","format":false,"excerpt":"Export Subsidy Fund begins paying out EGP 1 bn in arrears: The state-run Export Subsidy Fund on Tuesday began dispensing EGP 1-1.2 bn in overdue export subsidies, 10% of which will be doled out in cash payments, unnamed sources told the local press. The sources said 37 exporters requested that\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":569164,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/02\/16\/exporters-owed-less-than-egp-5-mn-to-receive-overdue-subsidies-without-delay-egypts-trade-minister\/","url_meta":{"origin":571328,"position":2},"title":"Exporters owed less than EGP 5 mn to receive overdue subsidies without delay- Egypt\u2019s trade minister","author":"enterpriseam admin","date":"16 February 2020","format":false,"excerpt":"Exporters owed less than EGP 5 mn in overdue subsidies will receive their full arrears without delay, Trade Minister Nevine Gamea said at a media roundtable yesterday, according to Hapi Journal. The trade and finance ministries will also be paying out over the next few days an additional 10% to\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":594873,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/09\/10\/finmin-has-paid-exporters-egp-1-4-bn-in-subsidy-arrears-maait\/","url_meta":{"origin":571328,"position":3},"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":569870,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/03\/10\/govt-drops-sukuks-and-tax-breaks-from-export-subsidy-arrears-program\/","url_meta":{"origin":571328,"position":4},"title":"Gov\u2019t drops sukuks and tax breaks from export subsidy arrears program","author":"enterpriseam admin","date":"10 March 2020","format":false,"excerpt":"Gov\u2019t drops sukuk and tax breaks from export subsidy arrears program: The government has dropped sukuk issuances and tax and customs settlements from the executive regulations of the Export Subsidy Fund\u2019s arrears program, Al Mal reports, citing unnamed industry officials. They said export subsidy arrears will no longer be paid\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\/3\/118.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":568983,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/02\/10\/exporters-complain-of-bureaucratic-delays-in-export-subsidy-arrear-payments\/","url_meta":{"origin":571328,"position":5},"title":"Exporters complain of bureaucratic delays in export subsidy arrear payments","author":"enterpriseam admin","date":"10 February 2020","format":false,"excerpt":"Red tape is slowing down export subsidy repayment process, says Edita\u2019s Berzi: Companies that are owed overdue export subsidies are finding it difficult to claim their arrears due to bureaucratic hurdles, despite the government\u2019s recent launch of initiatives to clear the debts it owes to exporters, Edita Chairman and Food\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\/2\/129.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/571328","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=571328"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/571328\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/571310"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=571328"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=571328"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=571328"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=571328"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=571328"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}