The Council of Ministers is in talks to resolve financial complications between the National Investment Company and the Egyptian Post.

The Council of Ministers is in talks to resolve financial complications between the National Investment Company and the Egyptian Post.

Meeting Held to Discuss Financial Procedures Between National Investment Bank and National Postal Authority
Under the leadership of Dr. Mostafa Madbouly, Prime Minister of Egypt, a meeting was conducted to review the status of financial clarification procedures between the National Investment Bank and the National Postal Authority. The meeting included senior officials from both organizations, as well as the Ministers of Planning and Economic Development, Communications and Information Technology.

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The Prime Minister indicated that the aim of the meeting is to continue government steps to resolve financial problems between various government agencies and bodies. This aims to accelerate settlement efforts and improve economic conditions at the national level.

The procedures currently being completed to settle the indebtedness owed to the Postal Service with the National Investment Bank, using mutually acceptable grounds, were reviewed at a previous meeting. It was indicated that the signing of a cooperation protocol would be completed on this issue, with clear provisions that would resolve these old backlogs and enhance the role of the two parties in providing various services.

Extensive efforts were made by the government in the field of resolving financial entanglements, which resulted in many achievements, as social insurance debts were paid according to a specific protocol. It is also worth noting that the file of financial entanglements is one of the most important issues that the government is working to resolve during the recent period, as a meeting was held last April under the chairmanship of the Prime Minister between the ministers of finance, petroleum, and electricity to resolve the file related to financial entanglements between the three parties.