{"id":572884,"date":"2020-07-13T04:24:17","date_gmt":"2020-07-13T04:24:17","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2020\/07\/13\/govt-unveils-package-of-measures-to-boost-consumer-spending\/"},"modified":"2020-07-13T04:24:17","modified_gmt":"2020-07-13T04:24:17","slug":"govt-unveils-package-of-measures-to-boost-consumer-spending","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2020\/07\/13\/govt-unveils-package-of-measures-to-boost-consumer-spending\/","title":{"rendered":"Gov\u2019t unveils package of measures to boost consumer spending"},"content":{"rendered":"

<\/a> Gov\u2019t unveils package of measures to boost consumer spending:<\/strong> A new package of measures designed to push the economy through its demand slump aims to stimulate up to EGP 100 bn of spending activity, Planning Minister Hala El Said announced<\/a> yesterday. Speaking at a ceremony to inaugurate a number of national projects, the minister said that the Madbouly government has made agreements with manufacturers and merchants to offer average discounts of up to 20% on consumer goods, with ration card holders able to receive an additional 10% off select products.<\/p>\n

The government is yet to provide details <\/strong>on how it is negotiating discounts with businesses, how much it plans to spend on the initiative, and what types of goods or services may be part of the program.<\/p>\n

The initiative will be launched in the final week of July<\/strong>, according to the Federation of<\/a>Egyptian Industries<\/a>.<\/p>\n

New fund to guarantee consumer loans, mortgages:<\/strong> The government will backstop up to EGP 2 bn in loans in an effort to stimulate lending and support consumer spending amid a slump in demand caused by the covid-19 pandemic, Finance Minister Mohamed Maait announced yesterday (pdf)<\/a>. The government will set aside EGP 2 bn from the public purse in a dedicated holding fund that would guarantee mortgages and consumer loans made by banks and consumer finance companies, the minister said.<\/p>\n

More loan guarantees in the offing?<\/strong> Maait said<\/a> on the sidelines of the event that the government will set up a number of \u201cspecialized arms\u201d of the fund at some point in the future. He did not specify what sectors or product categories the sub-funds would cover.<\/p>\n

The fund will also be deployed to provide low-cost financing for government projects <\/strong>such as the installation of dual-fuel engines into cars:<\/strong> President Abdel Fattah El Sisi said yesterday that he plans to introduce a new policy that would require citizens to outfit any new cars they purchase with a dual-fuel natgas \/ gasoline systems as a condition of licensing. Speaking at the inauguration, the president said that the shift to dual-fuel engines would both be more economical for consumers and would be a key step towards protecting the environment (watch, runtime: 17:20<\/a>). Bloomberg<\/a> also has the story.<\/p>\n

Citizens will be able to trade in old cars for new, dual-fuel vehicles: <\/strong>People with cars that are over 20 years\u2019 old will be able to apply for a low-interest car loan through the MSME Development Agency to obtain a new, dual-fuel car, turning in their existing vehicle as a deposit, Trade Minister Nevine Gamea told Al Kahera Alaan\u2019s Lamees El Hadidi last night (watch, runtime: 11:05)<\/a>.<\/p>\n

Background:<\/strong> The Sisi administration has for years been offering incentives for car owners to switch to dual-fuel engines, including providing subsidies for the cost of conversion and encouraging banks to offer low-interest loans for this purpose. Last year, the Oil Ministry said the government planned to have at least 50k car owners convert their vehicles to run on natural gas by the end of 2019 by installing the dual-fuel engines. Under the same plan, the ministry said more refueling stations would be built across the country. Some 33k vehicles in Egypt converted to natural gas in 2018. According to the president, the cost of converting 1 mn vehicles to dual-fuel engines hovers around EGP 8 bn.<\/p>\n

Also from yesterday\u2019s ceremony: G<\/strong>ov\u2019t spending on healthcare since March hits EGP 10 <\/strong>bn<\/strong>:<\/strong> The government has allocated EGP 10 bn to the Health Ministry and the healthcare sector since the covid-19 outbreak started in March, Prime Minister Moustafa Madbouly said yesterday. It\u2019s unclear if this is part of an EGP 11 bn that we noted last month<\/a> were taken out of the EGP 100 bn emergency stimulus package to set up quarantine wards and provide medicine, supplies, and bonuses to medical staff. The extra allocation follows a directive from El Sisi which also instructed authorities to raise the salaries<\/a> of state-employed healthcare workers, Madbouly said in a statement<\/a>. The FY2020-2021 state budget has earmarked<\/a> EGP 258.5 bn for health spending, which meets the constitutionally required minimum quota.<\/p>\n","protected":false},"excerpt":{"rendered":"

Gov\u2019t unveils package of measures to boost consumer spending: A new package of measures designed to push the economy through its demand slump aims to stimulate up to EGP 100 bn of spending activity, Planning Minister Hala El Said announced yesterday. Speaking at a ceremony to inaugurate a number of national projects, the minister said […]<\/p>\n","protected":false},"author":1,"featured_media":572885,"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":[96,144,147,514,104,72,276,277,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-572884","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-speed-round","tag-abdel-fattah-el-sisi","tag-automotive","tag-climate-change","tag-consumer-finance","tag-economy","tag-enterpriseam","tag-finance-ministry","tag-mohamed-maait","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"a9ca4595-65d7-4dd9-80f7-225ca87d2630","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2020\/7\/89.jpg","photo_position":"above","related_issue":[572879],"teaser":"","voice_url":""},"yoast_head":"\nGov\u2019t unveils package of measures to boost consumer spending - 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\/07\/13\/govt-unveils-package-of-measures-to-boost-consumer-spending\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Gov\u2019t unveils package of measures to boost consumer spending\" \/>\n<meta property=\"og:description\" content=\"Gov\u2019t unveils package of measures to boost consumer spending: A new package of measures designed to push the economy through its demand slump aims to stimulate up to EGP 100 bn of spending activity, Planning Minister Hala El Said announced yesterday. Speaking at a ceremony to inaugurate a number of national projects, the minister said […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2020\/07\/13\/govt-unveils-package-of-measures-to-boost-consumer-spending\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2020-07-13T04:24:17+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2020\/7\/89.jpg?fit=%2C&ssl=1\" \/>\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=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/07\/13\/govt-unveils-package-of-measures-to-boost-consumer-spending\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/07\/13\/govt-unveils-package-of-measures-to-boost-consumer-spending\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Gov\u2019t unveils package of measures to boost consumer spending\",\"datePublished\":\"2020-07-13T04:24:17+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/07\/13\/govt-unveils-package-of-measures-to-boost-consumer-spending\/\"},\"wordCount\":679,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/07\/13\/govt-unveils-package-of-measures-to-boost-consumer-spending\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2020\/7\/89.jpg?fit=%2C&ssl=1\",\"keywords\":[\"Abdel Fattah El Sisi\",\"automotive\",\"climate change\",\"consumer finance\",\"economy\",\"EnterpriseAM\",\"Finance Ministry\",\"Mohamed Maait\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/07\/13\/govt-unveils-package-of-measures-to-boost-consumer-spending\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2020\/07\/13\/govt-unveils-package-of-measures-to-boost-consumer-spending\/\",\"name\":\"Gov\u2019t unveils package of measures to boost consumer spending - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/07\/13\/govt-unveils-package-of-measures-to-boost-consumer-spending\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/07\/13\/govt-unveils-package-of-measures-to-boost-consumer-spending\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2020\/7\/89.jpg?fit=%2C&ssl=1\",\"datePublished\":\"2020-07-13T04:24:17+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/07\/13\/govt-unveils-package-of-measures-to-boost-consumer-spending\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2020\/07\/13\/govt-unveils-package-of-measures-to-boost-consumer-spending\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/07\/13\/govt-unveils-package-of-measures-to-boost-consumer-spending\/#primaryimage\",\"url\":\"https:\/\/i0.wp.com\/ent.news\/2020\/7\/89.jpg?fit=%2C&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/ent.news\/2020\/7\/89.jpg?fit=%2C&ssl=1\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/07\/13\/govt-unveils-package-of-measures-to-boost-consumer-spending\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Gov\u2019t unveils package of measures to boost consumer spending\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"name\":\"EnterpriseAM\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\",\"name\":\"EnterpriseAM\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/240894.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/240894.svg\",\"caption\":\"EnterpriseAM\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Gov\u2019t unveils package of measures to boost consumer spending - EnterpriseAM Egypt","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/egypt\/2020\/07\/13\/govt-unveils-package-of-measures-to-boost-consumer-spending\/","og_locale":"en_US","og_type":"article","og_title":"Gov\u2019t unveils package of measures to boost consumer spending","og_description":"Gov\u2019t unveils package of measures to boost consumer spending: A new package of measures designed to push the economy through its demand slump aims to stimulate up to EGP 100 bn of spending activity, Planning Minister Hala El Said announced yesterday. Speaking at a ceremony to inaugurate a number of national projects, the minister said […]","og_url":"https:\/\/enterpriseam.com\/egypt\/2020\/07\/13\/govt-unveils-package-of-measures-to-boost-consumer-spending\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2020-07-13T04:24:17+00:00","og_image":[{"url":"https:\/\/i0.wp.com\/ent.news\/2020\/7\/89.jpg?fit=%2C&ssl=1","type":"","width":"","height":""}],"author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/egypt\/2020\/07\/13\/govt-unveils-package-of-measures-to-boost-consumer-spending\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2020\/07\/13\/govt-unveils-package-of-measures-to-boost-consumer-spending\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"Gov\u2019t unveils package of measures to boost consumer spending","datePublished":"2020-07-13T04:24:17+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2020\/07\/13\/govt-unveils-package-of-measures-to-boost-consumer-spending\/"},"wordCount":679,"publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2020\/07\/13\/govt-unveils-package-of-measures-to-boost-consumer-spending\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2020\/7\/89.jpg?fit=%2C&ssl=1","keywords":["Abdel Fattah El Sisi","automotive","climate change","consumer finance","economy","EnterpriseAM","Finance Ministry","Mohamed Maait","SPEED ROUND"],"articleSection":["Speed Round"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/2020\/07\/13\/govt-unveils-package-of-measures-to-boost-consumer-spending\/","url":"https:\/\/enterpriseam.com\/egypt\/2020\/07\/13\/govt-unveils-package-of-measures-to-boost-consumer-spending\/","name":"Gov\u2019t unveils package of measures to boost consumer spending - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"primaryImageOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2020\/07\/13\/govt-unveils-package-of-measures-to-boost-consumer-spending\/#primaryimage"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2020\/07\/13\/govt-unveils-package-of-measures-to-boost-consumer-spending\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2020\/7\/89.jpg?fit=%2C&ssl=1","datePublished":"2020-07-13T04:24:17+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2020\/07\/13\/govt-unveils-package-of-measures-to-boost-consumer-spending\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2020\/07\/13\/govt-unveils-package-of-measures-to-boost-consumer-spending\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/2020\/07\/13\/govt-unveils-package-of-measures-to-boost-consumer-spending\/#primaryimage","url":"https:\/\/i0.wp.com\/ent.news\/2020\/7\/89.jpg?fit=%2C&ssl=1","contentUrl":"https:\/\/i0.wp.com\/ent.news\/2020\/7\/89.jpg?fit=%2C&ssl=1"},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2020\/07\/13\/govt-unveils-package-of-measures-to-boost-consumer-spending\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"Gov\u2019t unveils package of measures to boost consumer spending"}]},{"@type":"WebSite","@id":"https:\/\/enterpriseam.com\/egypt\/#website","url":"https:\/\/enterpriseam.com\/egypt\/","name":"EnterpriseAM","description":"The State of the Nation","publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/enterpriseam.com\/egypt\/#organization","name":"EnterpriseAM","url":"https:\/\/enterpriseam.com\/egypt\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/","url":"https:\/\/ent.news\/internal\/240894.svg","contentUrl":"https:\/\/ent.news\/internal\/240894.svg","caption":"EnterpriseAM"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d","name":"enterpriseam admin","sameAs":["http:\/\/enterpriseam.testing.projectsarea.com"],"url":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"}]}},"featured_image_src":"https:\/\/i0.wp.com\/ent.news\/2020\/7\/89.jpg?resize=600%2C400&ssl=1","featured_image_src_square":"https:\/\/i0.wp.com\/ent.news\/2020\/7\/89.jpg?resize=600%2C600&ssl=1","author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"},"jetpack_featured_media_url":"https:\/\/i0.wp.com\/ent.news\/2020\/7\/89.jpg?fit=%2C&ssl=1","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":572969,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/07\/15\/two-year-installment-plans-online-access-in-govt-consumer-spending-initiative\/","url_meta":{"origin":572884,"position":0},"title":"Two-year installment plans, online access in gov\u2019t consumer spending initiative","author":"enterpriseam admin","date":"15 July 2020","format":false,"excerpt":"Two-year installment plans, e-commerce are part of gov\u2019t consumer-spending initiative: Citizens will be offered two-year, low-interest installment plans to pay for consumer goods as part of new measures to encourage spending announced earlier this week, cabinet said in a statement yesterday. The government will create a dedicated online store that\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":574393,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/09\/08\/finmin-ups-discounts-on-consumer-goods-to-boost-spending\/","url_meta":{"origin":572884,"position":1},"title":"FinMin ups discounts on consumer goods to boost spending","author":"enterpriseam admin","date":"8 September 2020","format":false,"excerpt":"FinMin ups discounts on consumer goods to boost spending: Ration card holders will receive a 14% discount on goods covered by the government\u2019s consumer spending initiative, up from 10% currently, Masrawy reports, citing Finance Minister Mohamed Maait. The additional price cut only applies to goods which merchants and manufacturers have\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\/103.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":573211,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/07\/26\/egyptian-government-program-to-boost-consumer-spending-goes-live-today\/","url_meta":{"origin":572884,"position":2},"title":"Egyptian government program to boost consumer spending goes live today","author":"enterpriseam admin","date":"26 July 2020","format":false,"excerpt":"Gov\u2019t program to boost consumer spending goes live today: A government initiative that aims to stimulate some EGP 125 bn-worth of consumer spending is launching today, cabinet said in a statement on Wednesday. All consumers (Egyptian and foreign residents alike) can buy select goods including electronics, appliances, clothes, leather products,\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\/7\/197.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":573181,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/07\/22\/details-of-egypts-consumer-spending-initiative-could-emerge-within-a-week\/","url_meta":{"origin":572884,"position":3},"title":"Details of Egypt\u2019s consumer-spending initiative could emerge within a week","author":"enterpriseam admin","date":"22 July 2020","format":false,"excerpt":"We could be hear the details of the government\u2019s consumer-spending initiative within a week, if local press reports citing government officials are anything to go by. According to the officials, the initiative \u2014 which is designed to stimulate EGP 100 bn-worth of consumer spending over three months, starting from the\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":574838,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/09\/23\/consumer-spending-program-to-end-26-october\/","url_meta":{"origin":572884,"position":4},"title":"Consumer spending program to end 26 October","author":"enterpriseam admin","date":"23 September 2020","format":false,"excerpt":"Consumer spending program to end 26 October: The consumer spending initiative launched by the government in July will come to an end on 26 October, Finance Minister Mohamed Maait said yesterday. The program aims to boost consumer spending by offering discounts on select goods such as electronics, furniture, appliances and\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\/255.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":573344,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/07\/29\/govt-considers-flight-discounts-to-support-tourism-sector\/","url_meta":{"origin":572884,"position":5},"title":"Gov\u2019t considers flight discounts to support tourism sector","author":"enterpriseam admin","date":"29 July 2020","format":false,"excerpt":"Gov\u2019t considers flight discounts to support tourism sector: The government is considering including domestic tourism in its recently launched consumer spending initiative by offering discounts on domestic flights and other means of transportation to support the country\u2019s ailing tourism sector, Al Mal reports, citing unnamed sources. The report comes just\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":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/572884","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=572884"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/572884\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/572879"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/572885"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=572884"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=572884"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=572884"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=572884"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=572884"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}