The World Bank Group’s FY 2023-2027 Country Partnership Framework (CPF) for Egypt lays out the World Bank’s current strategy in the country.

Egypt Country Partnership Framework for the period FY2023 - FY2027

The CPF aligns with the Government of Egypt’s Sustainable Development Strategy, “Egypt Vision 2030,” and the National Climate Change Strategy 2050. The CPF builds upon a comprehensive set of World Bank analytics, including the Systematic Country Diagnostic, the Country Private Sector Diagnostic, and the Country Climate and Development Report. The CPF works towards three high-level outcomes:

1. More and better private sector jobs: through supporting the creation of an empowering environment for private sector-led investments and job opportunities as well as creating a level playing field for the private sector.
2. Enhanced human capital outcomes: through supporting the provision of inclusive, equitable and improved health and education services as well as effective social protection programs.
3. Improved resilience to shocks: through strengthened macroeconomic m anagement, and climate change adaptation and mitigation measures. The CPF also aims to strengthen Egypt’s role in regional integration through enhanced regional trade and greater connectivity in infrastructure, transport, energy, and labor.

Through the CPF the World Bank will also continue to support Egypt’s ambitions to be a leader for the climate mitigation and adaptation agenda in the region, following its presidency of COP27. Additionally, the CPF integrates two cross-cutting themes—governance and citizen engagement, and women’s empowerment— across programs. The CPF is being  implemented jointly by the World Bank, the International Finance Corporation (IFC, a member of the World Bank Group), and the Multilateral Investment Guarantee Agency (MIGA, a member of the World Bank Group), building on the three institutions’ current portfolios and adopting a flexible approach to lending. The CPF is being  supported through a financial envelope of $7 billion in lending ($1 billion per year from IBRD and about $2 billion during the entire CPF period from IFC), in addition to guarantees from MIGA. Partnerships remain a crucial component of the strategy.