Egypt's post-pandemic recovery will aslo be supported by the Asian Infrastructure Investment Bank
World Bank approves $360 million loan for Egypt recovery
The development policy financing loan will support Egypt's post-pandemic recovery.
Thursday 28/10/2021
Egypt's post-pandemic recovery will aslo be supported by the Asian Infrastructure Investment Bank
DUBAI - The World Bank has approved a $360 million development policy financing (DPF) loan to support Egypt's post-pandemic recovery, the lender said on Thursday.
"To further support achievement of the operation's development objectives, the Asian Infrastructure Investment Bank is considering parallel financing for the operation of the same amount using the same package of policy reforms agreed with the World Bank," the bank added in a statement.