“Customs”: a loss of 42 billion pounds due to the decrease in exports within 70 days.
The Egyptian Customs Authority revealed that Egyptian exports declined in only 70 days, by more than 42 billion pounds, due to the decrease in exports of all sectors due to the closure decisions and precautionary measures to confront the Corona virus. This decline comes amid state support for exporters by pumping 5.2 billion pounds into export burdens, from the beginning of the current fiscal year to the beginning of July and until the end of May. Pumped two billion pounds to support exports in April and May. The Ministry of Finance said that the sums pumped are aimed at providing liquidity to the issuing companies during the Corona crisis So that you can pump it into production and retain employment, while fully adhering to all precautions and preventive measures