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European Bank for Reconstruction and Development

MoICMin chairs final round of discussions with EBRD on new country strategy

EBRD officials reviewed Egypt’s macroeconomic indicators, noting that the economy’s resilience and flexibility as it achieved positive growth despite the pandemic

Al Mashat and EBRD SEMED head discuss Egypt’s new development strategy

Al Mashat noted that negotiations with EBRD will bring together all concerned national authorities to ensure the priorities of each sector, achieving sustainable development goals

EBRD expects GDP recovery to pick up in FY2021/22, with growth up to 5.2% in 2021

The forecast sets the pace of recovery of Egypt’s gross domestic product (GDP) as slowing down to 2.5% in 2020/21, before picking up to 4.5% in FY 2021/22

G7 DFIs and partners team up to invest $80B into Africa’s private sector

It is the first time the G7 DFIs have come together to make a collective partnership commitment to the African continen

MoIC and EBRD meet to discuss new EBRD 2021 -2025 strategy and joint co-op

Meeting with President of the EBRD, Odile Renaud-Basso, Al-Mashat emphasized the government’s support for the EBRD’s strategy that is aimed at combating climate change and promoting a green economy