Finance Ministry: EGP 2.6bn to support exports in FY 2015-2016
Egypt's Finance Ministry
Cairo - MENA
About EGP 2.6 billion will be allocated for supporting Egypt's exports in the FY 2015/2016 budget, the finance ministry said in a statement on Wednesday.
Some of Export Development Fund's transfers will be allotted to back the Egyptian exports, the statement added.
Nearly EGP 400 millions will be allotted for supporting the industrial zones in the FY 2015/2016 budget, according to the statement.
The number of industrial zones equipped with full utilities hit 35 in 23 governorates, according to statistics of the Industrial Zones Support and Infrastructure Fund.
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