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Govt agrees to disburse last tranche of textile companies’ dues

The cabinet has agreed on Monday to disburse the last tranche of dues to textile companies this week.
 
The tranches had started since the previous cabinet was in office.
 
The cabinet also tasked the minister of investment to complete the comprehensive reform and restructuring process of those companies, which had begun a short time ago.
 
Thousands of workers of the Mahalla Spinning and Weaving Company had staged a strike on Monday morning in protest against the delay in the payment of the fourth tranche that was scheduled for December 2013.
 
 
Edited translation from Al-Masry Al-Youm
 

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