Facilities
The decision provides for facilitating some of the regulatory requirements for small and medium-sized companies related to their classification as defaulting clients, in light of the fact that they are the most affected by the repercussions of the Corona virus crisis, which is still ongoing.
Prime Minister Mostafa Madbouli and a number of ministers visited Aswan to check on a number of projects and facilities.
Younes affirmed that all slum areas will be eliminated by the end of 2020.
There is a LE2-billion increase compared to the current fiscal year.
The reason is the large size of utilities needed.
The Municipal Authority of Aswan Governorate and the Armed Forces Engineering Authority signed earlier this week a cooperation protocol worth LE609 million ($35.5 million).
CBE decided Wednesday to expand the benefits of the small project loans scheme to encourage agricultural, livestock and fisheries production.
