{"id":658285,"date":"2025-01-09T00:00:00","date_gmt":"2025-01-09T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2025\/01\/09\/govt-unveils-new-mechanism-to-settle-egp-60-bn-in-exporter-dues\/"},"modified":"2025-01-09T00:00:00","modified_gmt":"2025-01-09T00:00:00","slug":"govt-unveils-new-mechanism-to-settle-egp-60-bn-in-exporter-dues","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2025\/01\/09\/govt-unveils-new-mechanism-to-settle-egp-60-bn-in-exporter-dues\/","title":{"rendered":"Gov\u2019t unveils new mechanism to settle EGP 60 bn in exporter dues"},"content":{"rendered":"

The government has its sights set on tackling the backlog of dues owed to <\/strong>exporters<\/strong>, with the Finance Ministry and the Investment Ministry announced<\/a> a new mechanism to clear EGP 60 bn in overdue payments to exporters through the Export Development Fund during Prime Minister Mostafa Madbouly\u2019s weekly presser yesterday (watch, runtime: 50:43<\/a>). The plan covers arrears tied to shipments made up to 30 June 2024 and involves a combination of cash-based disbursements and offset arrangements.<\/p>\n

Exporters will receive 50% of their dues in cash installments over four fiscal years<\/strong>, starting with an annual EGP 8 bn payout this year, while the remaining 50% will be settled through offsets against outstanding or future liabilities with the Tax Authority, Customs Authority, and utility providers like gas and electricity companies. <\/p>\n

For the first time, exporters will receive their dues for FY 2024\/25 within the same year<\/strong>, with the first installment expected later this month. <\/p>\n

The government is also drafting a new program to support exporters starting in FY <\/strong>2025-2026<\/strong>, with measures being developed to help raise export revenues, increase export volumes, and boost the value-added content of Egyptian products to strengthen their competitiveness abroad.<\/p>\n","protected":false},"excerpt":{"rendered":"

Exporters will receive 50% of their dues in cash over four years, with EGP 8 bn disbursed annually starting this year<\/p>\n","protected":false},"author":1,"featured_media":658286,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","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":[8507],"tags":[72,7087,276,100,132],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-658285","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-policy","tag-enterpriseam","tag-finance","tag-finance-ministry","tag-policy","tag-trade","wpautop","entry"],"acf":{"mongo_id":"b82f2fdd-c8cc-4e3e-af87-78f9e4d0be54","order":"6","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2025\/1\/403.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Gov\u2019t unveils new mechanism to settle EGP 60 bn in exporter dues","related_issue":[658275],"teaser":"Exporters will receive 50% of their dues in cash over four years, with EGP 8 bn disbursed annually starting this year","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/1\/.faf253fa-1d06-4972-8feb-84dbe64fea06.mp3"},"yoast_head":"\nGov\u2019t unveils new mechanism to settle EGP 60 bn in exporter dues - 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\/2025\/01\/09\/govt-unveils-new-mechanism-to-settle-egp-60-bn-in-exporter-dues\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Gov\u2019t unveils new mechanism to settle EGP 60 bn in exporter dues\" \/>\n<meta property=\"og:description\" content=\"Exporters will receive 50% of their dues in cash over four years, with EGP 8 bn disbursed annually starting this year\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2025\/01\/09\/govt-unveils-new-mechanism-to-settle-egp-60-bn-in-exporter-dues\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2025-01-09T00:00:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2025\/1\/403.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=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2025\/01\/09\/govt-unveils-new-mechanism-to-settle-egp-60-bn-in-exporter-dues\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2025\/01\/09\/govt-unveils-new-mechanism-to-settle-egp-60-bn-in-exporter-dues\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Gov\u2019t unveils new mechanism to settle EGP 60 bn in exporter dues\",\"datePublished\":\"2025-01-09T00:00:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2025\/01\/09\/govt-unveils-new-mechanism-to-settle-egp-60-bn-in-exporter-dues\/\"},\"wordCount\":197,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2025\/01\/09\/govt-unveils-new-mechanism-to-settle-egp-60-bn-in-exporter-dues\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2025\/1\/403.jpg?fit=%2C&ssl=1\",\"keywords\":[\"EnterpriseAM\",\"Finance\",\"Finance Ministry\",\"policy\",\"trade\"],\"articleSection\":[\"Policy\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2025\/01\/09\/govt-unveils-new-mechanism-to-settle-egp-60-bn-in-exporter-dues\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2025\/01\/09\/govt-unveils-new-mechanism-to-settle-egp-60-bn-in-exporter-dues\/\",\"name\":\"Gov\u2019t unveils new mechanism to settle EGP 60 bn in exporter dues - 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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\/2020\/1\/768.jpg?fit=%2C&ssl=1&resize=350%2C200","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":658285,"position":2},"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. Under an agreement\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":672229,"url":"https:\/\/enterpriseam.com\/egypt\/2025\/09\/21\/finance-ministry-begins-clearing-export-dues-backlog-with-first-tranche-of-direct-payments\/","url_meta":{"origin":658285,"position":3},"title":"Finance Ministry begins clearing export dues backlog with first tranche of direct payments","author":"enterpriseam admin","date":"21 September 2025","format":false,"excerpt":"Good afternoon, friends, and welcome to the start of a fresh new workweek. The last official day of the summer is ushering in cooler weather and a news cycle that seems to be sprinting to the finish line.THE BIG STORY TODAY- Some 601 exporters received EGP 368 mn in overdue\u2026","rel":"","context":"In "WHAT WE\u2019RE TRACKING TONIGHT"","block_context":{"text":"WHAT WE\u2019RE TRACKING TONIGHT","link":"https:\/\/enterpriseam.com\/egypt\/category\/what-were-tracking-tonight\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2025\/1\/403.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":595126,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/09\/17\/egypt-kicks-off-new-export-subsidy-program-says-overdue-payments-on-the-way\/","url_meta":{"origin":658285,"position":4},"title":"Egypt kicks off new export subsidy program, says overdue payments on the way","author":"enterpriseam admin","date":"17 September 2019","format":false,"excerpt":"Gov\u2019t kicks off EGP 6 bn export subsidy program, says more overdue payments on the way: The government has started implementing the EGP 6 bn new export subsidy framework and is taking more steps to settle the overdue payments promised by the Export Subsidy Fund since 2012, Finance Minister Mohamed\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":568801,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/02\/04\/egypt-settles-overdue-export-subsidies-with-31-companies\/","url_meta":{"origin":658285,"position":5},"title":"Egypt settles overdue export subsidies with 31 companies","author":"enterpriseam admin","date":"4 February 2020","format":false,"excerpt":"Gov\u2019t settles overdue export subsidies with 31 companies: The trade and finance ministries have signed agreements with 31 foreign and local companies to settle outstanding export subsidy payments, the Trade and Industry Ministry said in a statement (pdf), without disclosing how much the companies were paid. This comes less than\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\/53.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\/658285","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=658285"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/658285\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/658275"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/658286"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=658285"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=658285"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=658285"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=658285"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=658285"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}