2021-02-15

A circular dated February 15, 2021 amending some provisions of the tourism initiative issued under the guarantee of the Ministry of Finance

The Central Bank of Egypt has decided to modify some conditions of its tourism financing initiative to stimulate the sector and provide greater benefit amid the COVID-19 crisis. The modifications include adjustments to the maximum funding amount, the duration of the facility, and the eligibility criteria for companies to benefit from the initiative. These changes aim to support the tourism industry and its employees during these challenging times.

Egypt

Central Bank of Egypt

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