Global Trade Alert
Global Trade Alert

Egypt: Initiative to exempt defaulting farmers from paying fines and interest

Announcement

16 Sep 2023

On 16 September 2023, the President of Egypt launched an initiative to exempt defaulting farmers from paying fines and interest on delayed installments.

 

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

16 Sep 2023

Revocation date:

No revocation date

Updated: 16 Sep 2023
State aid, nes In force

On 16 September 2023, the President of Egypt announced a debt relief scheme for farmers. According to news reports, the Minister of Agriculture and Land Reclamation expects that the relief will ben...

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