The state treasury will take responsibility of financing the green initiative for its first phase to replace 250,000 “obsolete” cars older than 20 years
CAPMAS notes that this was due to a decrease in value of some commodities
The new rules and system will be in force starting March 22nd said a CBE statement
A majority of speakers agreed that upskilling needs to be priority, and already see many companies looking for opportunities to upskill employees
Initial base price is valued at $646 million, with additional payments to go up to $280 million between 2021 and 2024, wrote Reuters who broke the story