The Council of Ministers approved the proposal to launch the sixth phase of the immediate payment initiative to return arrears of export burdens due to exporting companies for their completed files with the Export Development Fund until shipments 12/31/2022, within the limits of an amount of 10 billion pounds, which the Ministry of Finance will manage.
The launch of this phase comes within the framework of the state’s efforts to support the export sector, and work to complete the payment of various arrears of export burdens due to exporting companies, to encourage those companies to increase the volume of their exports, and to enhance their role in achieving the desired goals of this vital sector.
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