{"id":594622,"date":"2019-09-02T03:51:57","date_gmt":"2019-09-02T03:51:57","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/09\/02\/egypts-exporters-awaiting-clarity-on-new-export-subsidies-program\/"},"modified":"2019-09-02T03:51:57","modified_gmt":"2019-09-02T03:51:57","slug":"egypts-exporters-awaiting-clarity-on-new-export-subsidies-program","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/09\/02\/egypts-exporters-awaiting-clarity-on-new-export-subsidies-program\/","title":{"rendered":"Egypt\u2019s exporters awaiting clarity on new export subsidies program"},"content":{"rendered":"<p>Egypt\u2019s exporters are awaiting clarity on how the government is planning to implement the new export subsidies program, Ihab Abdel Zaher, <a href=\"https:\/\/alborsaanews.com\/2019\/09\/01\/1240210\">member of the export council for textiles and readymade garments said<\/a>. The new program promises to disburse EGP 6 bn per year in export subsidies, and was supposed to have started from the onset of the current fiscal year. The export councils are, however, saying the program has still not taken flight and they still do not know how to calculate their export-related expenses under the framework. We have a rundown <a href=\"https:\/\/enterprise.press\/stories\/2019\/07\/21\/govt-unveils-new-egp-6-bn-per-year-export-subsidy-framework\/\">here on the new framework<\/a>, which the government announced in July.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Egypt\u2019s exporters are awaiting clarity on how the government is planning to implement the new export subsidies program, Ihab Abdel Zaher, member of the export council for textiles and readymade garments said. The new program promises to disburse EGP 6 bn per year in export subsidies, and was supposed to have started from the onset [&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":[9315],"tags":[72,332,2390],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-594622","post","type-post","status-publish","format-standard","hentry","category-other-business-news-of-note","tag-enterpriseam","tag-export-subsidy-fund","tag-other-business-news-of-note","wpautop","entry"],"acf":{"mongo_id":"4fc3ec5b-1e09-41d6-861b-c1def6f53a3d","is_powered_by":true,"section_story_id":"5d37b2b0-468c-4fec-9270-0b15f38753a2","story_type":"1","photo_url":"","photo_position":"above","related_issue":[594586],"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>Egypt\u2019s exporters awaiting clarity on new export subsidies 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\/2019\/09\/02\/egypts-exporters-awaiting-clarity-on-new-export-subsidies-program\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Egypt\u2019s exporters awaiting clarity on new export subsidies program\" \/>\n<meta property=\"og:description\" content=\"Egypt\u2019s exporters are awaiting clarity on how the government is planning to implement the new export subsidies program, Ihab Abdel Zaher, member of the export council for textiles and readymade garments said. The new program promises to disburse EGP 6 bn per year in export subsidies, and was supposed to have started from the onset [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2019\/09\/02\/egypts-exporters-awaiting-clarity-on-new-export-subsidies-program\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2019-09-02T03:51:57+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\/2019\/09\/02\/egypts-exporters-awaiting-clarity-on-new-export-subsidies-program\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/09\/02\/egypts-exporters-awaiting-clarity-on-new-export-subsidies-program\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Egypt\u2019s exporters awaiting clarity on new export subsidies program\",\"datePublished\":\"2019-09-02T03:51:57+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/09\/02\/egypts-exporters-awaiting-clarity-on-new-export-subsidies-program\/\"},\"wordCount\":113,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"export subsidy fund\",\"Other Business News of Note\"],\"articleSection\":[\"Other Business News of Note\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/09\/02\/egypts-exporters-awaiting-clarity-on-new-export-subsidies-program\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2019\/09\/02\/egypts-exporters-awaiting-clarity-on-new-export-subsidies-program\/\",\"name\":\"Egypt\u2019s exporters awaiting clarity on new export subsidies program - 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The new program promises to disburse EGP 6 bn per year in export subsidies, and was supposed to have started from the onset [&hellip;]","og_url":"https:\/\/enterpriseam.com\/egypt\/2019\/09\/02\/egypts-exporters-awaiting-clarity-on-new-export-subsidies-program\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2019-09-02T03:51:57+00:00","author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/egypt\/2019\/09\/02\/egypts-exporters-awaiting-clarity-on-new-export-subsidies-program\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2019\/09\/02\/egypts-exporters-awaiting-clarity-on-new-export-subsidies-program\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"Egypt\u2019s exporters awaiting clarity on new export subsidies program","datePublished":"2019-09-02T03:51:57+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2019\/09\/02\/egypts-exporters-awaiting-clarity-on-new-export-subsidies-program\/"},"wordCount":113,"publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"keywords":["EnterpriseAM","export subsidy fund","Other Business News of Note"],"articleSection":["Other Business News of Note"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/2019\/09\/02\/egypts-exporters-awaiting-clarity-on-new-export-subsidies-program\/","url":"https:\/\/enterpriseam.com\/egypt\/2019\/09\/02\/egypts-exporters-awaiting-clarity-on-new-export-subsidies-program\/","name":"Egypt\u2019s exporters awaiting clarity on new export subsidies program - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"datePublished":"2019-09-02T03:51:57+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2019\/09\/02\/egypts-exporters-awaiting-clarity-on-new-export-subsidies-program\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2019\/09\/02\/egypts-exporters-awaiting-clarity-on-new-export-subsidies-program\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2019\/09\/02\/egypts-exporters-awaiting-clarity-on-new-export-subsidies-program\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"Egypt\u2019s exporters awaiting clarity on new export subsidies program"}]},{"@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":null,"featured_image_src_square":null,"author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":594665,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/09\/03\/egypts-export-subsidy-fund-yet-to-ratify-mechanisms-in-new-framework\/","url_meta":{"origin":594622,"position":0},"title":"Egypt\u2019s Export Subsidy Fund yet to ratify mechanisms in new framework","author":"enterpriseam admin","date":"3 September 2019","format":false,"excerpt":"The Export Subsidy Fund has so far only ratified one of three mechanisms through which it will disburse export subsidies, head of the Trade Ministry\u2019s trade agreements sector Amany Al Wesal said. The ratified mechanism gives tax breaks to importers. The two other mechanisms of the framework, which involve cash\u2026","rel":"","context":"In &quot;Other Business News of Note&quot;","block_context":{"text":"Other Business News of Note","link":"https:\/\/enterpriseam.com\/egypt\/category\/other-business-news-of-note\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":573219,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/07\/26\/food-exporters-want-to-return-to-old-subsidies-framework\/","url_meta":{"origin":594622,"position":1},"title":"Food exporters want to return to old subsidies framework","author":"enterpriseam admin","date":"26 July 2020","format":false,"excerpt":"Food exporters want a return to old subsidies framework, with a few minor tweaks: The Food Export Council has sent a request to the Trade Ministry asking for a return to an old export subsidies program that paid exporters part of the value of the goods they export, council head\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":595082,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/09\/16\/egypt-to-launch-today-the-new-egp-6-bn-export-subsidy-framework\/","url_meta":{"origin":594622,"position":2},"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. Exporters have been awaiting clarity on how the government is planning to implement the new program, which will see some EGP 2.4 bn (40%)\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":597245,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/21\/govt-unveils-new-egp-6-bn-per-year-export-subsidy-framework\/","url_meta":{"origin":594622,"position":3},"title":"Gov\u2019t unveils new EGP 6 bn per year export subsidy framework","author":"enterpriseam admin","date":"21 July 2019","format":false,"excerpt":"Gov\u2019t unveils new EGP 6 bn per year export subsidy framework: The government unveiled the details of the long-awaited new framework for disbursing export subsidies. The new framework would disburse EGP 6 bn per year in export subsidies through the Export Subsidies Fund starting from FY2019-20, according to a statement\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\/120.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":591284,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/12\/02\/egypt-to-get-more-clarity-on-export-subsidies-program-as-govt-issues-executive-regs\/","url_meta":{"origin":594622,"position":4},"title":"Egypt to get more clarity on export subsidies program as gov\u2019t issues executive regs","author":"enterpriseam admin","date":"2 December 2019","format":false,"excerpt":"New export subsidies program exec regs finally see the light of day, but exporters have mixed feelings: Prime Minister Moustafa Madbouly ratified yesterday the highly anticipated executive regulations of the new export subsidy framework that the government had announced and approved earlier this year, according to a document seen by\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\/120.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":591561,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/12\/10\/egypts-export-subsidy-fund-to-pay-40-of-total-overdue-subsidies-before-mid-2020\/","url_meta":{"origin":594622,"position":5},"title":"Egypt\u2019s Export Subsidy Fund to pay 40% of total overdue subsidies before mid 2020","author":"enterpriseam admin","date":"10 December 2019","format":false,"excerpt":"The Export Subsidy Fund plans to disburse 40% of total overdue subsidies before mid-2020, head of the Textile Export Council Magdy Tolba said, according to Al Mal. 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