Finance Minister: 2 billion pounds "loan" for the civil aviation sector to face the repercussions of CoronaVisits : 74

Finance Minister: 2 billion pounds

Dr. Mohamed Moait, Minister of Finance, confirmed that, in implementation of the presidential directives to support the civil aviation sector in the face of the repercussions of the emerging “Corona” virus crisis, which caused the movement of air traffic to stop globally, the Holding Company of Egypt Aviation will be granted 2 billion pounds in a “supporting loan” and bear the public treasury The state has burdens until the company achieves operating rates equivalent to 80% of the operating volume in 2019.