The Chamber had earlier launched a trader training programme on e-invoicing, taken up by more than 2,100 participants across six governorates.
Analysts expect no immediate effect on consumer prices: current stock covers market needs at least to the end of next quarter.
The figures in brief
A number of importers argue that the proposed timetable needs a transition period of at least six months, so that small businesses can adapt their accounting systems.
| Commodity | Last week | This week |
|---|---|---|
| Steel | 41,200 | 42,000 |
| Cement | 3,850 | 3,900 |
Every day of delay in customs release costs an importer more than any tax cut saves him.
The meeting closed by forming a joint Chamber–ministry committee, meeting weekly to follow implementation and reporting monthly to the federation’s board.
Where the divisions stand
- export facilities into African markets among next quarter’s priorities
- A review of the timetable with the trade divisions
- A monthly report to the federation’s board
Chamber figures put the number of registered businesses at 41,000, up by 3,400 on last year, most of them in retail and logistics.
Noha El-Sawy
Reem El-Qady