Egypt’s Economic Transformation: Unlocking USD 2 Billion in International Support ...Egypt

The Egyptian government has mobilized approximately USD 2 billion ((EGP 96 billion)  in soft financing from various international financial institutions and development partners over the past few months, as announced by the Minister of International Cooperation, Dr. Rania Al-Mashat.  These funds will support the government’s efforts to implement economic and structural reforms, strengthen macroeconomic resilience, and improve competitiveness.  The mobilized financing includes USD 700 million (EGP 33 billion) approved by the World Bank’s Board of Directors within the Development Policy Financing (DPF) program, USD 1.069 billion (EGP 51 billion) from the European Union under the Macro-Financia

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