World Bank to provide US$6-BLN support to Egypt: Minister ...Middle East

CAIRO: Egyptian Minister of International Cooperation Rania Al-Mashat said on Monday that the World Bank Group (WBG) will offer a financing package for the Egyptian economy worth US$6 billion for the next three years, reported Xinhua.In a statement, the Egyptian minister said the WBG intends to provide US$3 billion to support the economic reform programme implemented by the Egyptian government, and US$3 billion to empower the private sector, including mobilising the necessary resources and funds for investments.Al-Mashat noted that the WBG financing package is within the framework of the bank’s commitment to the long-term strategic partnership with Egypt, and to support the measures the coun

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