Egypt signs development financing agreements worth US$ 20 billion in two years ...Egypt

EGYPT INDEPENDENT - Economy
Egypt signs development financing agreements worth US$ 20 billion in two years
source : EGYPT INDEPENDENT ( Egypt ) () 23
International Cooperation Minister Rania al-Mashat announced Saturday that over the course of 2020 and 2021, Egypt was able to conclude development financing agreements worth US$20 billion despite global circumstances and the increase in demand for development financing, She explained that among them, approximately five billion dollars representing 25 percent were directed to the private sector, through companies or commercial banks. This reflects the importance of development partners in opening up prospects for economic opportunities for the private sector, she added. Mashat’s remarks came during the release of the report “Expanding Opportunities for the Egyptian Private Sector in the Post

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