The platform is called the "Global Collaborative Co-Financing Platform" and aims to direct additional capital, expand the scope and impact of development, mobilize funds for mega projects, and reduce the burdens on beneficiary countries
Al-Mashat stressed that at a time when the world is witnessing successive and intertwined crises, it has become necessary to achieve structural change and reform in economic policies, especially for developing countries and emerging economies
During the meeting, the African governors discussed many important topics that focus on the importance of the World Bank Group’s participation in advancing the development process on the African continent
Speaking to Ashraq Business on the sidelines of the International Monetary Fund and WB’s spring meetings, Al Mashat noted that the financing will also be directed towards Egypt’s reform programs
Maait announced this in press statements on the sidelines of the spring meetings of the International Monetary Fund (IMF) and the World Bank in Washington.
