Egypt's PM chairs economic committee meeting

PM chairs economic committee meeting
Tue, Feb. 18, 2020
CAIRO - 18 February 2020: Prime Minister Mostafa Madbouli chaired on Tuesday a meeting of the ministerial economic committee.

Central Bank of Egypt Governor Tareq Amer attended the meeting alongside Ministers Mohamed Shaker of Electricity, Hala el Saeed of Planning, Mohamed Maait of Finance, Amr Talaat of Communications, Niveen Gamea of Trade and Industry and Hisham Tawfiq of Public Sector Enterprises.

The meeting reviewed the steps taken so far to implement the directives of President Abdel Fattah El Sisi on accelerating the automation of customs procedures.

Communications Minister Amr Talaat said the ministry finalized the optical fiber network linkage among the authorities concerned; Cairo Airport and the harbors of Port Said, Ain Sokhna and Damietta.

The minister said the National Telecom Regulatory Authority
signed a cooperation protocol with the Egyptian Customs Authority for exchanging data and documents on clearing shipments which obtained technical approvals.

Meanwhile, CBE Governor Tareq Amer reviewed the efforts exerted to get financially strapped clients to settle their debts in line with an initiative launched in tandem with the government in this respect.

He said about EGP 18.4 billion debts have been settled so far.