#delayed payments
The Egyptian cabinet denied a Reuters report claiming that Egypt is delaying opening letters of credit for wheat purchases to ease foreign currency pressures. “The cabinet’s media center has contacted the Ministry of Supply and Internal Trade, which denied this news the information circulated by the report is false, and has no connection to reality,” the cabinet’s media center said in a 9 June statement published on Facebook. The cabinet explained that websites and social media pages circulated a report…
