Ahram Online According to a report by the World Bank on Tuesday, the economic growth rate projection for the Egyptian economy is expected to rise from 5.9% to 6.1% in the fiscal year (FY) 2021/22. “The Egyptian economy is expected to record 4.8% growth in the FY 2022/23, a 0.7% downgrade …
Read More »
Egypt Today Egyptian Foreign Minister Sameh Shoukry discussed expanding cooperation with a delegation of executive directors from the World Bank on Monday. The officials explored cooperation opportunities between the bank and African countries to generate clean and renewable energy. “The Egyptian government and the World Bank share the same priorities …
Read More »
In the dusk of neoliberalism, a new narrative is needed to untangle the moral and political trade-offs of our times. Piergiuseppe Fortunato* On May 4th 1979, Margaret Thatcher entered 10 Downing Street in London as a British prime minister. The time had finally come to put into practice her political …
Read More »
Ahram Online “The World Bank approved a $150 Million food security soft loan to stabilise prices in Lebanon in the coming months”, the Lebanese Economy Minister Amin Salam revealed on Monday. Salam told reporters that “the loan features a very low-interest rate”, but he did not specify the rate. He …
Read More »
Doaa Moneim – Ahram Online “Egypt reached 100 points on the World Bank’s entrepreneurship indicator for 2022, gaining 25 points over 2021’s score”, the ‘World Bank’s Women, Business and the Law 2022 report’ released on Tuesday pointed. The report named Egypt among eight economies in the region which scored 100 …
Read More »
Egypt Today “Egypt Economic Monitor: The Far-Reaching Impact of Government Digitalisation”, a report published by the World Bank (WB) at an event with Egypt’s Ministry of International Cooperation on Tuesday. The report details the World Bank’s assessment of Egypt’s latest economic developments and outlook. It provides analysis focused on the …
Read More »
Doaa Moneim – Ahram Online “Egypt has done well regarding the implementation of its economic reforms and the government performance amid the pandemic. It has the potential to serve as a regional economic hub”, Merza Hasan, the dean of the Board of Executive Directors at the World Bank Group told …
Read More »
Egypt Today Rania al-Mashat, Egypt Minister of International Cooperation, and Yasmine Fouad, Minister of Environment met, Wednesday, with Ayat Soliman, the Regional Director of the World Bank Group’s Sustainable Development Department for the Middle East and North Africa (MENA) region. Experts from both sides the meeting to discuss climate action …
Read More »
Doaa Moneim – Ahram Online The Heads of the World Bank Group (WBG), International Monetary Fund (IMF), World Health Organisation (WHO), and World Trade Organisation (WTO) on Thursday called for an urgent action to stem the rising human death toll due to the COVID-19 pandemic. The organisations demanded halting divergence …
Read More »
Doaa Moneim – Ahram Online “Egypt is in negotiations with the World Bank Group (WBG) to secure funding to finance the country’s second phase of economic reform, which focus on structural reform”, Egypt’s Ministry of International Cooperation said in a statement on Sunday. Minister of International Cooperation Rania al-Mashat discussed, …
Read More »
