Immediate Cash Payment Initiative
The initiative, launched by the Cabinet with a value of LE 8 billion, covers files approved by the Export Development Fund until the end of September last year for exports until the end of June 2023.
This phase aims to settle the overdue obligations of export burdens for exporting companies, covering export files at the Export Development Fund until those loaded until June 30, 2023, that are fulfilled by the end of September 2023, with an amount not exceeding LE 8 billion.