Egypt Signs 2nd $1b WB Development Policy Financing Agreement
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4 Articles
The Egyptian Council of Ministers announced that the World Bank Group would sign a $1 billion agreement with Egypt to finance the second phase of the development policy programme, with a view to supporting the general budget and promoting the country ' s economic reforms.
Egypt signs 2nd $1b WB development policy financing agreement
Prime Minister Mostafa Madbouly witnessed on Sunday, the signing of an agreement with the World Bank (WB) for the second phase of its Development Policy Financing (DPF) programme to support Egypt’s economic reform agenda. Minister of Foreign Affairs, International Co-operation and Egyptian Expatriates Badr Abdelatty signed the agreement with WB Regional Director Alwaleed Alatabani. The […]
On Sunday, the Ministry of Foreign Affairs signed a $1 billion funding agreement from the World Bank under the second phase of the Financing for Development Policy Programme (DPF) of the programme for building resilience, creating opportunities, and enhancing wealth for Egypt's prosperity and stability. A statement by the Cabinet of Ministers made clear that the programme is aimed at supporting the State's efforts to enhance the competitiveness …
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