World Bank to Discuss USD 1 Billion for Egypt

AddThis Social Bookmark Button
Washington (MMD Newswire) February 2, 2012 -- The World Bank announced today that it has received an official request from the Egyptian authorities to support their economic program.

Egypt has requested $1 billion in the form of a Development Policy Loan (DPL). Inger Andersen, Vice President at the World Bank for the Middle East and North Africa, said the Bank will now open discussions with Egyptian government representatives to work out the details.

Source: World Bank

 

Copyright © 2011 Mass Media Distribution LLC - 3350 Riverwood Pkwy Suite 1900 - Atlanta, Georgia 30339