Finance: 30% increase in the quantities offered in "coins" during Eid

The "Fakka" reserve covers the needs of the markets and citizens for a year

 

Dr. Mohamed Maait, Minister of Finance, confirmed that the "Fakkah" auxiliary coins reserve covers the needs of markets and citizens in Cairo and the governorates for a year. In a way that guarantees facilitating the movement of buying and selling, and thus contributes to spinning the wheel of the economy, indicating that the offered quantities of "change" coins were increased by 30% during the blessed Eid Al-Fitr; In a way that guarantees the absence of any crises related to parking lots, shops, etc., and all of this is made easy for citizens.

 

 Major General Hussam Khader, head of the Public Treasury and Coinage Authority, said that the production capacity of the auxiliary coins had been raised by 50% since last January; So that the volume of "change" put on the market reaches 30 million pounds per month; In order to help meet the needs of all government agencies and the private sector, including major commercial chains, in light of the size of their business; In implementation of the directives of the Minister of Finance to pump the required quantities of "change"; To facilitate the citizens, and to ensure the ease of buying and selling.

 

He added that the auxiliary coin production lines are automatically managed in the interest of the "public treasury and coinage". In a way that helps in accomplishing daily work tasks faster and more accurately, pointing out that we apply precautionary measures and preventive measures by maintaining safe distances and social distancing between citizens and workers; To reduce the repercussions of the third wave of the "Corona" virus, cleanse all buildings and facilities, provide a quantity of disinfectants, and "heat detectors" for workers and citizens, and use the "remote card" to sign instead of a fingerprint.