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Ministry of Finance

Egyption Customs Authority

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Minister of Finance:
2 billion dollars "expected revenues" for the "Egyptian cars abroad" initiative
The competent ministerial committee discusses within days ... the position of the outstanding transfers from residents of the dispute countries
We issued more than 250,000 "import approval" .. We released more than 35 thousand cars .. and we are working on the speed of release of the rest of the cars.
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Dr. Mohamed Moait, Minister of Finance, confirmed that the requests registered from citizens residing abroad to benefit from the initiative “Facilitating the import of Egyptians abroad” pay our expectations for about 2 billion dollars in revenues, explaining that the facilities that were provided to Egyptians residing abroad contributed to increasing the number of applicants to benefit from the initiative who They opened electronic accounts on the electronic application, and paid the value of the deposit.
The minister added that the competent ministerial committee is scheduled to discuss the implementation of the initiative,
During the coming days, the position of the outstanding transfers from residents of conflict countries, who were issued orders to pay on the electronic platform, in order to consider alternative mechanisms and find appropriate solutions to complete the process of paying the bank deposit for these resident Egyptians.