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Pm Follows Up on Financial Entanglements Procedures Between Nib, Egypt Post Authority

Source: www.export-egypt.com 11/12/2023, Location: Africa

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Prime Minister Mostafa Madbouly held a meeting to follow up on the position of the financial entanglement procedures between the National Investment Bank (NIB) and Egypt Post Authority.

Prime Minister stressed that this meeting comes within the framework of continuing the steps taken by the government to resolve financial entanglements between various government agencies and bodies, in order to speed up efforts on this file, because of the positive impact on the national economy in general.

The meeting reviewed the procedures that are currently being completed to radically settle the outstanding indebtedness of the post office to the National Investment Bank, where it was pointed out that a cooperation protocol will be signed in this regard, thus enhancing the role of these two entities in providing various services.

It should be noted that the government has already made extensive efforts in the file of financial entanglements, which resulted in several successes, the most important of which is the payment of social insurance debts, according to a specific protocol adhered to by the Ministry of Finance.

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