Government released goods worth $5B from harbors in 23 days

Egypt’s Prime Minster Mustafa Madbouly explained Monday during the inauguration ceremony of two factories for the production of medical and industrial gases and a tri-generation power plant at Abu Rawash, that during the past 23 days, the government released goods with total coast of $5 billion.

“Until last November, the Egyptian ports had goods with total cost ranges between $15 and $16 billion, However, after the recent releasees, the remaining goods in ports now, are nearly $9 Billion costed goods” Madbouly added

He noted that by the holy month of Ramadan, a cost of $4 billion of merchandise will be released, “other plans will be set for the releasing of the rest of goods”.