World Bank News Release: Loan and Credit Summary
Loan: US$500 million equivalent
Terms: Maturity = 35 years, Grace = 5 years
Project Description: The US$500 million additional financing will extend by three years the parent Strengthening Social Safety Net Project with the aim of supporting ongoing efforts to expand and improve Egypt’s social safety nets, to ensure they are reaching the most vulnerable households while also building sustainable paths out of poverty.
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