PM receives report on disbursement of compensations for contractors, suppliers

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Mon, 13 Apr 2020 - 03:23 GMT

Prime Minister Mostafa Madbouli - Press Photo

Prime Minister Mostafa Madbouli - Press Photo

CAIRO - 13 April 2020: Prime Minister Moustafa Madboluli received on Monday a report on the status of the disbursement of compensations due to contractors and suppliers.

The report was prepared by Housing Minister Essam el Gazzar.

The value of the awaited compensations, which the administrative authorities actually paid reached LE 14.468 billion, representing 83.58 percent of the total sum of money owed to contractors and suppliers that is estimated at LE 17.311 during the period from May 2, 2018, to December 29, 2019.

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