Egypt Approves Over $140 Million in Subsidized Loans to...
International News
August 22, 2024
In an effort to combat the ongoing medicine shortage, Egypt has approved more than $140 million in subsidized loans aimed at bolstering the pharmaceutical industry. Maledr Mohamed El Bahi, a member of the Pharma Division at the Egypt Industrial Union, expressed optimism that these loans will help stabilize supply chains. Yasser Hakim, a reporter covering the issue, noted that the funding is expected to support local manufacturers and ensure the availability of essential medicines.