Madbouly said the significance of the IMF's decision extends beyond the financing itself.
The move aims to address key financial needs and stimulate growth in strategic industries, as outlined in a statement by the ministry.
Al-Mashat explained that these funds take the form of investments, contributions, lines of credit, or development financing, accessible to businesses of all scales—large, medium, small, and startups.
This move is aimed at maximizing the social and developmental returns from the fund.
