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Sahar Nasr talked about the allocation of the third tranche from World Bank to the Egypt

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The Minister of Investment and International Cooperation Sahar Nasr held a meeting with the World Bank’s vice president, Jan Walliser, during her current visit to Washington to attend the bank’s spring meetings. Egypt minister, talked about the allocation of the third tranche of the loan ($1bn), from World Bank to the country. Furthermore, Nasr said that the government wants the World Bank to expand financing to develop projects in Upper Egypt, which were originally financed with $500m, as well as to consider establishing more labourintensive projects by allocating finances worth $150m.

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