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World Bank Agrees $7 Bln, 5-Year Partnership with Egypt

The World Bank said on Wednesday it had approved a new $7 billion partnership agreement with Egypt for 2023-2027 with a focus on boosting private sector jobs, provision of better health and education services, and adaptation to climate change.  The Country Partnership Agreement (CPF) will entail $1 billion per year from the International Bank for Reconstruction and Development (IBRD) and about $2 billion over five years from the International Finance Corporation (IFC), a statement from the World Bank said.

Link: https://english.aawsat.com/home/article/4226711/world-bank-agrees-7-bln-5-year-partnership-egypt

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