World Bank approves $360 mln loan for Egypt post-pandemic recovery
- Country:
- United Arab Emirates
The World Bank has approved a $360 million development policy financing (DPF) loan to support Egypt's post-pandemic recovery, the lender said on Thursday.
"To further support achievement of the operation's development objectives, the Asian Infrastructure Investment Bank is considering parallel financing for the operation of the same amount using the same package of policy reforms agreed with the World Bank," the bank added in a statement.
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)
- READ MORE ON:
- World Bank
- The World Bank
- Egypt
- Asian Infrastructure Investment Bank
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