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The fund will serve 155 villages and will be provided in two phases based on the results of each phase, says housing minister
Budget Law requires amendments, citizens to be provided with state budget, says Hany Dimian
Sahar Nasr affirmed that the ministry is working on receiving needed financing for national development projects
She was Country Coordinator for Finance & Private Sector Development in the World Bank from May 2011 to June 2014.
Visit comes to support Egypt in reaching financial inclusion
Ministry of Finance dedicates EGP 74.1m for operation of non-economic railway lines and student subscriptions, says Abdel Fattah
Natural gas delivered to approximately 6.9m residential units from programme’s start until end of FY 2014/2015
Growth in emerging markets and developing countries will reach 4.2% in 2015, down from 4.6% in 2014, expects IMF
Initiative aims to deepen dialogue with developing countries and develop diagnostic tools for member countries to evaluate and strengthen tax policies
Government revision on budget included lower targeted budget deficit, lower spending and higher revenues
Uncertainty still surrounds the financing of mega-projects, World Bank said
The World Bank expects increase of economic growth in Egypt to reach 4.5% by 2017
International banking Financial Inclusion Summit 2015 ends in Budapest
The most prominent obstacle real estate investors complain of is the current scarcity of lands, which is the reason for price hikes.
Total funding from the World Bank has reached $5.4bn over 25 projects, according to World Bank Former Country Director for Egypt, Yemen and Djibouti Hartwig Schafer.
Bids include developmental projects in New Cairo, Beni Suef and New Aswan
Poverty rates are still high, especially in Upper Egypt
Loan will support Egypt in creating “Solidarity and Dignity” cash support programme, says cabinet statement
The World Bank is financing Egypt with five loans for developmental and services projects this year.
CBE allocates EGP 10bn to revive mortgage initiative, expected to be spent within 12 months, says Deputy Governor
Bank participates in social housing programme providing $500m towards 1m housing units for low-income citizens
Egypt will receive loan in May and loan repayment period will be between 25-30 years, says Kouchouk
Although Al-Ahwani denied any consultations during these spring meetings regarding a loan from the IMF to Egypt, she referred to its possibility in case Egypt needs it
The grant component of the loan is valued at 69.47%
Loan to be used in establishing, equipping modern integrated centres for tumours and neurosurgery at Ain Shams Specialized Hospital
Families to receive support will be chosen carefully to ensure resources are sent to the poorest sectors and those desperately in need
By Bjørn Lomborg Where should the global community focus its attention over the next fifteen years? Health, nutrition and education may seem like obvious top priorities but, more surprisingly, there is also a strong case for broadband access to be considered. Tripling mobile internet access from 21% to 60% in developing countries over the next …
Applicants benefiting from project have been raised to up to 50 years of age instead of 45
Egypt will benefit as it will aid in developing much needed infrastructure sector, says former assistant to executive director of IMF
By Bjørn Lomborg Extreme poverty – or living on less than $1.25 a day – is a continuing problem for far too many people today. In Egypt for instance, such poverty still afflicts about 1.3 million people, according to the World Bank. It is also arguably one of the most important challenges to address because …