Global Trade Alert
Global Trade Alert

Egypt: Ministry of Finance approves new funding to the support certain agencies

Announcement

16 Aug 2020

In August 2020, the Ministry of finance approved new funding to support the General Authority for Supply Commodities to alleviate the repercussions of COVID-19.

 

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

16 Aug 2020

Revocation date:

No revocation date

Updated: 16 Aug 2020
Local content incentive In force

On 16 August 2020, the Ministry of Finance allocated USD 225.9 million for the General Authority for Supply Commodities (GASC) to support ration card commodities. The aim of the budget allocated is...

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Implementation date

18 Jun 2020

Revocation date:

No revocation date

Updated: 16 Aug 2020
Price stabilisation In force

On 16 August 2020, the Ministry of Finance allocated EGP 4 billion (approx. USD 251 million) for the General Authority for Supply Commodities (GASC). The budget granted will allow GASC to...

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