Latest in Tag: World Bank Highlight
Latest in Tag: World Bank
World Bank awards Egypt $200m loan for air quality monitoring projects
Egypt’s Environment Minister Yasmine Fouad reviews environmental updates with Parliament’s Energy Committee
Egyptian economy to grow 2.7% in fiscal year 2020/21: World Bank
Egyptian economy has been heavily disrupted by coronavirus pandemic. However, it avoided contraction thanks to previous government reforms, says World Bank
Global economy to expand by 4% in 2021: World Bank
“Top near-term policy priorities are controlling the spread of COVID-19, and ensuring rapid and widespread vaccine deployment,” said the World Bank
Egypt’s economic reform improves macroeconomic stability, restores confidence: WB
Egypt’s reforms have yet to trigger a marked and sustained increase in non-extractives private investment and exports, said the World Bank report
Egypt, World Bank hold first meeting on LIBOR phase-out
London Interbank Offer Rate (LIBOR) has been widely used since the 1970s as a reference rate for various financial instruments.
Egypt, World Bank conclude periodic review on Development Policy Financing Framework
Egypt, World Bank sign four agreements in health, social solidarity, and environment sectors, worth $1.15bn, in 2020: Minister Al-Mashat
Global economy to return to pre-pandemic levels in 3 years: World Bank
Bank approved $12bn grant in October to help developing countries purchase and distribute COVID-19 vaccines, tests
World Bank praises Egypt’s customs law, reforms to export-import system
Improving business environment is top priority for government’s action plan, says Trade Minister
Egypt, World Bank discuss cooperation on water projects
Country’s Irrigation Minister briefed World Bank delegation on state’s 2050 strategy for managing water resources
Egypt, World Bank discuss cooperation in environment issues
Egypt is keen to integrate environmental aspects in state’s development plans
Egypt, World Bank sign $1.15bn agreements to support 30 million citizens
The agreements come as part of the ministry’s vision to strengthen economic relations with multilateral and bilateral development partners, in order to meet Egypt’s development financing needs. The financing has gone to a variety of sectors, the most important of which are health, housing, and the environment.
International Cooperation Minister, World Bank Regional Director extend strategic partnership for economic recovery
The meeting took place prior to the start of the international organisation’s annual meetings of its Board of Governors which is scheduled to start on Thursday.
Egypt Transport Minister follows up on World Bank-financed railway signalling modernisation
According to the ministry’s Thursday statement, the project covers the Cairo / Giza / Beni Suef railway line with a length of 125 km. The meeting also discussed the progress of other joint projects.
World Bank cancels undisbursed funds for Lebanon’s Bisri Dam project
Cancellation is due to non-completion of preconditions to commencement of construction on Bisri Dam
World Bank grants South Sudan $45m to improve service delivery
Millions in South Sudan have been displaced, and the already scarce social and physical infrastructure is damaged due to the protracted conflict
World Bank praises Egypt’s reducing new electricity connection timeframe to 18 days
Electricity Ministry has programme to replace overhead cables with ground cables
World Bank approves $400m to support Egypt’s Universal Health Insurance: Al-Mashat
Universal health insurance system, which will help Egyptians access the affordable health care they need without suffering financial hardships
Egypt’s GDP growth forecast at 3% in FY 2019/2020: World Bank
Real economic growth would hit 5% during Q3 of FY 2019/2020, says El-Said
Global economy to shrink 5.2% in 2020: World Bank
Interruptions in schooling, primary healthcare access likely to have lasting impacts on human capital development
Egypt’s exports, FDI underperformance to be exacerbated by COVID-19: WB
Oil price collapse hurts MENA’s oil industry, says report
World Bank, Egypt discuss air quality improvement projects
Both sides touch on cooperation in solid waste management field
Government meets World Bank to discuss cooperation in Egypt’s new health insurance
The mission included Amr El-Shalakani, senior health specialist at the World Bank, and Regional Director of the World Bank office in Egypt, Yemen and Djibouti Marina Weiss.
MENA records fastest external debt accumulation, Egypt top borrower: WB
Lebanon, Egypt absorbed 90% of net long-term external debt inflows to MENA, according to World Bank report
Joint mission from WB, EBRD, GI Hub to explore infrastructure opportunities in Egypt
Al-Mashat asserts government’s keenness on partnership with private sector
MSMEDA, World Bank finance 450,000 small, micro projects
World Bank contributes $200m to MSMEDA, including $50m for new venture capital
WB delegation, Trade, Industry min. discuss economic reforms’ priorities
Another WB mission to visit Egypt next week
WB’s board of directors to visit Egypt in January: MIC
Delegation to meet Madbouly, Al-Mashat, other senior officials, says statement
WB’s IDA allocates $53bn for the less-privileged countries in Africa
Finance to focus on climate change, gender inequality, conflict, violence within next three years
Untapped potential in MENA’s cross-border power interconnection
WBG, LAS, and AFESD launch 1st Pan-Arab Energy Trade Conference in Cairo
Environment Minister, World Bank discuss preparations of new programme on combating air pollution
The ministry has taken a number of measures to reduce pollution rates: minister of environment