The government offers 500 million dollars green bonds for the Egyptians
Finance Minister Mohamed Maait said in media statements that Egypt is going through a difficult period amid global turmoil and huge external effects.
he added that the Minister of Finance is that global debates led to the high prices such as the price of a barrel of oil and the price of wheat, noting that the government is not a reason for increasing prices, but that the increase put it under pressure.
He explained: "We have a plan for the auto industry in Egypt with an estimated support of 3 billion dollars annually, and the citizen's import of an exceptional car and we are determined to be only 4 months and the new procedure is expected to attract about 500 thousand cars to Egypt within 4 months."
Maait explained that the government has a plan for the auto industry in Egypt with annual support estimated at 3 billion dollars annually the new procedure attracts about 500 thousand cars to Egypt within 4 months, and we cheat about 250 thousand cars annually.
Maait revealed that the government is preparing to offer green bonds of about $ 500 million during the current fiscal year that ends in June 2023, provided that global markets improve during that period.