World Bank

Egypt’s Minister of Trade and Industry, Nevine Gamea, has said that infrastructure rehabilitation and development projects at six industrial zones in Qena and Sohag governorates are underway, with a…
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 Egypt and World Bank officials met o discuss future areas of cooperation with the World Bank and the ongoing portfolio of projects, as well as the current negotiations within the framework of the…
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Egypt’s real gross domestic product (GDP) will grow 4.5 percent in the financial year 2021/2022 – down from projections in October – and then the economy will boom 5.5 percent in the 2022/2023, the…
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Egypt’s elevated debt levels will  be put on a downturn path on the back of its FY2021/2022 draft budget targets, particularly its initial surplus expectations according to the World Bank’s practice…
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Egypt’s primary surplus during  the Coronavirus pandemic helped cushion the blow to its public debt, despite higher debt levels that affected much of the MENA region, according to the World Bank’s…
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The World Bank plans to focus on improved governance, private sector job creation and social inclusion in Egypt under its 2021-2025 Country Partnership Framework, which the bank is currently drawing…
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The World Bank has awarded Egypt a $200m loan to support its air quality monitoring projects, according to Minister of Environment Yasmine Fouad.
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The World Bank has said in its semi-annual Global Economic Prospects report. Output will likely expand 4% in 2021, down from a 4.2% the Bank had forecast in its June report, before slowing to 3.8% in…
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The World Bank Group on Monday urged Egypt to introduce more transparency about the state’s economic activity, a step it said would encourage much-sought private sector investment.
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The World Bank approved this week a $250 million loan to support Morocco’s 2020-2030 Green Generation Strategy.
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