Egypt’s GASC to pay for wheat within 180 days instead of immediately
date:Mar 27, 2019
ght payment means cheaper offers by suppliers because the cost of financing deferred payment would be taken out of traders calculations when making offers to GASC at international tenders.

Cairo pays around $1.5 billion annually for the grain as part of a bread subsidy program on which many of Egypts almost 100 million people depend.

08/02 16:12