World Bank Announces Five-Year Partnership Strategy With EgyptSource: www.export-egypt.com 11/11/2020, Location: Africa |
|
|
|
|
|
Regional Director of the World Bank office in Egypt, Yemen, and Djibouti Marina Weiss announced preparations are underway between the World Bank and Egypt to establish a five-year partnership strategy.,
Weiss was delivering a speech during the International Cooperation Ministry's event on the occasion of releasing a report titled " Economic Monitor Report: From Crisis to Economic Transformation, Unleashing Egypt's Potentials in Productivity and Job Creation." Weiss noted that the discussions on the partnership are still in the early stages, lauding Egypt's economic reforms between 2016 and 2020. The reforms had a positive impact on the business environment in Egypt and its rankings, a matter which supported the Egyptian economy in the face of the coronavirus challenges, the WB official pointed out. Cairo succeeded in maintaining its steady economic performance despite the pandemic due to its monetary and financial reforms in the energy sector over the past years, she underlined. She stated Egypt is the only country in the Middle East that achieved economic growth this year. The total current portfolio of cooperation between Egypt and the World Bank totals about $6 billion in housing, sanitation, social solidarity, transportation, health, education, local development, petroleum, small enterprises, and the environment. |
|
|
Financials and Investment News in Egypt >> |
 |
|||||
|
Egypt >> 11/21/2024 - An International Monetary Fund (IMF) mission led by Ivanna Vladkova Hollar wrapped up in-person discussions with Egyptian authorities in Cairo regardi...
|
Egypt >> 11/21/2024 - The Engineering Export Council of Egypt (EEC) revealed that engineering industry exports increased by 25.6 percent from January to September, reaching...
|
|
Egypt >> 11/20/2024 - Prime Minister Dr. Mostafa Madbouly held a meeting this morning at the government headquarters in the New Administrative Capital with Mr. Chang Won Sa...
|
Egypt >> 11/20/2024 - Egyptian Prime Minister Moustafa Madbouly, with Mahmoud Esmat, Minister of Electricity and Renewable Energy Minister, and Sultan Al Jaber, UAE Ministe...
|
|
Egypt >> 11/20/2024 - Egypt and Australia have seen a significant surge in their bilateral trade relationship, with the trade volume increasing from $270 million in 2015 to...
|
Egypt >> 11/20/2024 - Egyptian Prime Minister Moustafa Madbouli chaired the Cabinet’s weekly meeting in the New Administrative Capital.
The Cabinet is set to add... |
| Egypt Oil & Gas 1 >> 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 | 20 | 21 | 22 | 23 | 24 | 25 | 26 | 27 | 28 | 29 | 30 | 31 | 32 | 33 | 34 | 35 | 36 | 37 | 38 | 39 | 40 | 41 | 42 | 43 | 44 | 45 | 46 | 47 | 48 | 49 | 50 | 51 | 52 | 53 | 54 | 55 | 56 | 57 | 58 | 59 | 60 | 61 | 62 | 63 | 64 | 65 | 66 | 67 | 68 | 69 | 70 | 71 | 72 | 73 | 74 | 75 | 76 | 77 | 78 | 79 | 80 | 81 | 82 | 83 | 84 | 85 | 86 | 87 | 88 | 89 | 90 | |
