Announcement
29 Dec 2022
On 29 December 2022, the Central Bank of Egypt lifted the requirements of a letter of credit for importing.
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Number of interventions
1
0 certainly harmful
0 likely harmful
1 liberalising
List of interventions
Implementation date
29 Dec 2022
Revocation date:
No revocation date
Updated: 29 Dec 2022
Trade payment measure
In force
On 29 December 2022, the Central Bank of Egypt lifted the requirement for importers to use letters of credit in the importing of goods. With this change, the Central Bank of Egypt will restore the pre...
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