Egypt Export Marketplace for products & services     Log in | Sign up  

Export Egypt Home
made in Egypt Egypt products
  Home  |  Products  |  Business Center  |  News   |  Events   |  My Account Follow us on Facebook
Products and vendors Services and providers Oil & Gas Software and publications

Egypt, Afdb Review Measures for Inking 3rd Tranche Loan Deal
Source: www.export-egypt.com 8/16/2017

Egypt and the African Development Bank (AfDB) reviewed measures for inking an agreement on disbursing the third tranche of a 1.5 billion dollar loan for supporting the Egyptian government's social and economic program.

Investment and International Cooperation Minister Sahar Nasr had talks with AfDB Leila Mokaddem on the 2015-2019 cooperation strategy between the two sides, according to a statement issued by the ministry.

The third tranche is worth $500 million.

In December 2016, Nasr signed a deal for getting the second tranche of the three-year loan.

The loan - paid in three tranches - is intended to support government programs that aim to achieve social and economic development by creating new jobs and improving business environment.



Related Categories: Accounting, Statistics  Economics/Financial Analysis  General  Insurance 


Export Egypt - Subscription Packages - Benefits

Copyright Universal Solutions S.A.E. All rights reserved. Privacy Policy. - Career Opportunities - Feedback - Contact Us