Latest in Tag: WBG Highlight
Latest in Tag: WBG

Egypt, WBG cooperation portfolio amounts to $8bn
The pandemic has affected all economies worldwide, causing a substantial decrease in investments, trade and remittance flows. It has also threatened the lives and livelihoods of all social segments.

WBG grants Egypt $50m under new Fast Track COVID-19 Facility
Facility supports Egyptâs preparation efforts and healthcare system governance, says Minister Al-Mashat

Al-Mashat highlights Egyptâs COVID-19 measures at G-24 meeting
The across-the-board economic declines have hit these countries particularly hard, with governments having to spend heavily on health and social protections.

WBG, IMF 2020 Spring Meetings to kick off virtually
Middle East, Central Asia Department to hold briefing on 15 April

WBG urges G20 countries to suspend credit repayment for poorest countries
Countries need to move fast to boost health spending, says Malpass

WBG expands its financial commitment to combat COVID-19 to $14bn
Itâs essential that we shorten the time to recovery, says MalpassÂ

2020 IMF-WBG Spring Meetings in virtual format amid COVID-19 outbreak
Similar extraordinary steps were taken in the wake of 11 September attacks

Egypt, WBG discuss expanding cooperation fields through future strategic partnership
Malpass optimistic about next wave of structural reforms

Egypt’s economic growth to pick up in 2020 supported by monetary policy easing: WBG
Governmentâs promotion initiatives and improved security support tourism sector, says report

Egypt is world’s fifth top remittance recipient by $28.9bn in 2018: WBG
Global remittances on track to reach $550bn in 2019, says KNOMAD

WBG to extend current strategy in Egypt for additional two years
Extension aims to maintain momentum on reforms, says WBG

World Bank looking forward to cooperate with Egypt to foster country, world growthÂ
Global growth fell to 2.7% in Q4 of 2018, down from 3.3% in Q1 of same year, says WBÂ president

Egyptâs high interest rates exert pressure on budget: WBG
Social conditions remain difficult, inflation eroded real income, says report

WBG praises Egyptâs governance, anti-corruption efforts
High-level Egyptian delegation to meet US officials in Washington, says MIIC

Benban Solar Park wins WBGâs best project award
Award reaffirms strong relationship between Egypt and WBG, supporting countryâs reform programme, says Nasr

WBG to scale up its support for Africaâs climate adaptation
Bank will provide $22.5bn to Africa for climate adaptation, mitigation for 5 years from 2021 to 2025

EBRD, EIB, WBG conduct âBusiness Environment, Enterprises Performance Surveyâ
Survey to run in 40 countries, including Egypt, says EBRDâs Chief Economist

Egypt achieved universal access to electricity: WBâs Year in Review
13% of worldâs population still live without electricity, says report

Egyptâs ambitious educational reforms enhances accountability: WBG
Al-Sisi advocates, supports major reforms uphauling education system, says report