Published 4 months ago

Investors: Central Clearing System Supports Exports and Reduces Companies’ Burdens

Summary by alborsaanews.com

The Ministry of Finance intends to activate the central clearing system to settle investors’ financial dues with government agencies next month, sources told Al Borsa. Ahmed Kouchouk, Minister of Finance, said that the central clearing system comes in response to the recommendations of the Supreme Council for Investment, as it allows financiers to settle their dues with multiple entities, which gives companies greater flexibility in managing cas…

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Investors: Central Clearing System Supports Exports and Reduces Companies’ Burdens

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