Announcement
28 Dec 2011
In December 2011, the government of Egypt announced a change in the settlement of trade invoices.
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Number of interventions
1
0 certainly harmful
1 likely harmful
0 liberalising
List of interventions
Implementation date
28 Dec 2011
Revocation date:
No revocation date
Updated: 28 Dec 2011
Trade payment measure
In force
On 28 December 2011, Egypt's Central Bank has tightened the rules for import-related transfers of funds abroad. After the introduction of the new rules, commercial banks must collect all documents rel...
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