{"id":629155,"date":"2018-05-23T04:26:09","date_gmt":"2018-05-23T04:26:09","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/05\/23\/finmin-to-disburse-late-export-subsidies-over-the-coming-few-years\/"},"modified":"2018-05-23T04:26:09","modified_gmt":"2018-05-23T04:26:09","slug":"finmin-to-disburse-late-export-subsidies-over-the-coming-few-years","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/05\/23\/finmin-to-disburse-late-export-subsidies-over-the-coming-few-years\/","title":{"rendered":"FinMin to disburse late export subsidies over the coming few years"},"content":{"rendered":"

FinMin to disburse late export subsidies over a period of years:<\/strong> The Finance Ministry plans to disburse overdue payments from the Export Subsidy Fund over a period of years, ministry sources said<\/a>. The source did not state why they had been held up, but a number of industry-specific export associations have been lobbying for the tap to be turned back on. Even the fund\u2019s MD, Amany El Wessal, had called for payments to start as soon as possible in a hearing at the House of Representatives. The ministry also plans to raise the fund\u2019s budget to EGP 4 bn in FY2018-19 from EGP 2.6 bn this fiscal year, the sources noted.<\/p>\n","protected":false},"excerpt":{"rendered":"

FinMin to disburse late export subsidies over a period of years: The Finance Ministry plans to disburse overdue payments from the Export Subsidy Fund over a period of years, ministry sources said. The source did not state why they had been held up, but a number of industry-specific export associations have been lobbying for the […]<\/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":[72,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-629155","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"3f096220-f9ea-4b8c-91ca-d59d98de529c","order":"0","is_powered_by":true,"section_story_id":"717bd19b-ae50-474b-92b0-2be2910b200c","story_type":"1","photo_url":"","photo_position":"above","related_issue":[629135],"teaser":"","voice_url":""},"yoast_head":"\nFinMin to disburse late export subsidies over the coming few years - 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\/2018\/05\/23\/finmin-to-disburse-late-export-subsidies-over-the-coming-few-years\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"FinMin to disburse late export subsidies over the coming few years\" \/>\n<meta property=\"og:description\" content=\"FinMin to disburse late export subsidies over a period of years: The Finance Ministry plans to disburse overdue payments from the Export Subsidy Fund over a period of years, ministry sources said. The source did not state why they had been held up, but a number of industry-specific export associations have been lobbying for the […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2018\/05\/23\/finmin-to-disburse-late-export-subsidies-over-the-coming-few-years\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2018-05-23T04:26:09+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\/2018\/05\/23\/finmin-to-disburse-late-export-subsidies-over-the-coming-few-years\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/05\/23\/finmin-to-disburse-late-export-subsidies-over-the-coming-few-years\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"FinMin to disburse late export subsidies over the coming few years\",\"datePublished\":\"2018-05-23T04:26:09+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/05\/23\/finmin-to-disburse-late-export-subsidies-over-the-coming-few-years\/\"},\"wordCount\":123,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/05\/23\/finmin-to-disburse-late-export-subsidies-over-the-coming-few-years\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2018\/05\/23\/finmin-to-disburse-late-export-subsidies-over-the-coming-few-years\/\",\"name\":\"FinMin to disburse late export subsidies over the coming few years - 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Options under consideration at the ministry include exempting exporters from\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":602685,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/04\/03\/export-subsidies-to-include-cash-settlements-and-logistical-support\/","url_meta":{"origin":629155,"position":2},"title":"Export subsidies to include cash, settlements and logistical support","author":"enterpriseam admin","date":"3 April 2019","format":false,"excerpt":"Has the export subsidies flap finally settled? The Export Subsidy Fund\u2019s board of directors has agreed to a general strategy framework for reimbursements in an attempt to increase exports and improve the trade balance, according to a Trade Ministry statement (pdf). The new framework, which will come into effect in\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":597245,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/21\/govt-unveils-new-egp-6-bn-per-year-export-subsidy-framework\/","url_meta":{"origin":629155,"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 "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\/2\/120.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":593570,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/10\/02\/more-exporters-to-receive-cash-payments-for-overdue-export-subsidies-this-month\/","url_meta":{"origin":629155,"position":4},"title":"More exporters to receive cash payments for overdue export subsidies this month","author":"enterpriseam admin","date":"2 October 2019","format":false,"excerpt":"Gov\u2019t continues to disburse overdue export subsidies: Several unnamed manufacturers will receive this month part of their overdue export subsidies through cash payments from the government, head of the Export Council of Building, Refractory, and Metallurgy Industries Waleed Gamal El Din told the press. He did not disclose the number\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":595322,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/09\/23\/egypt-receives-100-requests-for-overdue-export-subsidies\/","url_meta":{"origin":629155,"position":5},"title":"Egypt receives 100 requests for overdue export subsidies","author":"enterpriseam admin","date":"23 September 2019","format":false,"excerpt":"EXCLUSIVE- The government has received upward of 100 requests from exporters looking to settle around EGP 900 mn-worth of overdue subsidies, a government official told Enterprise. Authorities have already finished calculating overdue payments for 40 companies, including Toshiba and Zanussi, and is ready to disburse their dues. 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