Ahmad 
The Egyptian Ministry of Finance announced on Friday that the value of imported goods that have been released has reached more than $ 8 billion, since the first of last March until now.
The announcement comes within the framework of the government’s efforts to facilitate import operations and enhance the volume of goods supply in the markets, by accelerating the procedures for the immediate customs release of goods and commodities at all ports.
Finance Minister Mohamed Maait stressed the need to confront any import practices that caused the accumulation of goods in the ports, noting that the customs authorities decided to refer the accumulated goods in the ports without legal justifications to the “negligent”, and to take appropriate legal measures about them.
These measures improved the Central Bank of Egypt’s cash reserves, rising by $5 billion in March to about $40.36 billion, compared to $35.51 billion in the previous month.
Egypt settles arrears owed to petroleum companies operating on its territory