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World Bank Approves US$1 Billion Loan to Egypt to Support Job Creation and Inclusive Growth

News: US$1 billion loan to Egypt to support job creation and inclusive growth.
The project will support the country’s inclusive economic reform program & efforts to boost the competitiveness of Egyptian businesses as well as attract new investments.

World Bank Approves US$1 Billion Loan to Egypt to Support Job Creation and Inclusive Growth

The World Bank approved US$1 billion in a development policy finance operation for Egypt to support the Government’s economic reforms program. This is the Second Fiscal Consolidation, Sustainable energy, and Competitiveness Programmatic Development Policy Financing