2020-12-07

A circular dated December 6, 2020 regarding extending the period of work in the tourism sector initiative and the retail loans initiative for workers in the tourism sector until the end of 2021.

The Central Bank of Egypt has extended its tourism sector support initiative and the consumer loans initiative for tourism workers until the end of December 2021 and December 2020, respectively. The extensions come in response to the ongoing impact of the COVID-19 crisis on the tourism industry and include provisions for loan deferrals and interest rate subsidies.

Egypt

Central Bank of Egypt

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