Preparations for the first review of Egypt’s economic reform program with the International Monetary Fund (IMF) have begun and dates for the review mission will be announced when agreed with the authorities, reported Reuters, citing [ More … ]
Egypt needs to get more transparent about its debt, and that includes amounts owed by state-owned enterprises in an economy where the government plays too large a role, a senior World Bank official said, according [ More … ]
Egypt has ranked fifth worldwide in underreporting coronavirus and first in the Middle East, according to a report recently published by the World Bank, citing a research paper. According to the World Bank report, Egypt’s [ More … ]
The World Bank Group’s board of directors approved a $50 million loan to Egypt to finance emergency response activities related to the coronavirus (COVID-19) pandemic. Egypt has been eligible to receive $50 million loan, the [ More … ]
Almost 5.3 million Moroccans “live under the threat of falling back into poverty”, according to AFP. The World Bank says it has approved $150 million in financing to support small enterprises in Morocco and improve [ More … ]
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