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World Bank

Al-Mashat talks with World Bank’s Wes for support on 2nd phases of economic reforms

Al-Mashat said that the ministry seeks to enhance their economic relations with multilateral and bilateral development partners, in order to support their implementation of Egypt’s Vision 2030

Egyptian economy forecast declines to 4.5% for FY2021/2022: World Bank

The report further projected that the Egyptian economy would grow to 5.5 percent in FY 2022/2023

IFC invests $2B in new commitment to accelerate Africa’s COVID recovery

The $2 billion package is among the IFC's largest ever commitment to specific initiatives in Africa, the IFC wrote in a statement

2nd phase of reforms to focus on sectorial structural reforms: MOICMin

Her comments were during the first meeting with multilateral and bilateral development partners regarding new structural reforms for 2022

MOICMin talks developing Transport and Electricity sectors with World Bank’s MIGA

MIGA has previously provided coverage for an influx of foreign direct investments (FDI) into Egypt worth $500 million in many sectors