3,000 applications for compensation, Including 1,300 for Vehicles

The first batch of compensation payments for owners of damaged establishments and businesses in the recent events will be issued next...

3,000 applications for compensation, Including 1,300 for Vehicles The first batch of compensation payments for owners of damaged establishments and businesses in the recent events will be issued next Sunday. Around 165 owners of such establishments will benefit from this measure, according to an official source in the Ministry of Finance. The amount of compensation is decided by a joint committee of the Ministry of Finance and Misr Insurance Company. A second batch of 180 cases will be settled next week. The committee entrusted with this task follows the priorities set by the ministerial group of economic performance follow up, the source said. The priorities include handling the compensations of small and micro establishments and the entities most harmed in the events first to help them restore normalcy and resume work as soon as possible. Applications received by the Ministry of Finance throughout the country so far are around 3,000, of which 1,300 concern vehicles destroyed in the events, according to the Ministry’s source.