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The central bank will charge the same interest rate for the extended period of loans made from the Export Development Fund (EDF) like it imposes during the initial repayment period.
Government allocates EGP 28.1bn in new budget to support exporting companies
Established in 1989, the EDF facilitates access to financing in foreign exchange for input procurements by manufacturer-exporters.
The central bank has reset the ceiling of the US dollar loans from its Export Development Fund (EDF) to manufacturers and exporters for input purchases,
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