The Finance Ministry will pay two billion LE to exporting companies, with the aim of providing the liquidity required to complete the production and export cycle, Finance Minister Mohamed Maait announced on Wednesday, during the opening session of the Hapi Economic Conference. He added that the total amount spent by the government to pay the arrears of exporting companies during the past two years recorded LE33 billion. The world has gone through its worst inflationary wave in 50 years, which has led to high financing costs in a way that imposed unprecedented challenges, he explained. Maait said that the government has taken more measures to enhance the role of the private sector, and impro
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