The World Bank Group Board of Executive Directors approved the new Country Partnership Framework (CPF) for Egypt, laying out the World Bank Group’s strategy in the country for FY2023–2027.
Over the next three years, the World Bank Group intends to provide more than US$6B to support Egypt’s development and reform efforts, subject to Board approval.
The project aims at promoting entrepreneurship, combined with expanding access to finance for small and medium enterprises, which have proven to be a major source of growth and job creation.
The World Bank is supporting Egypt’s development efforts through operations in several integral areas including Human Development - including Social Protection and Jobs, Health, Nutrition and Population- and Sustainable ...
The report forecasts MENA’s GDP will slow to 3.0% in 2023, from 5.8% in 2022. Oil exporters will experience slower growth, but a large gap remains between high-income countries and the rest of the region.
This country partnership framework (CPF) lays out the World Bank Group (WBG) strategy in Egypt for FY23-27, in the context of post-pandemic recovery, the economic impact of Russia’s invasion of Ukraine, and building back ...
The report analyzes some of the challenges Egypt continues to face, and highlights opportunities for a private sector-led economic development, investment and job-creating growth.
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