24 June 2018 03:31 AM

Sisi approves loan agreement with IBRD

Thursday، 14 September 2017 - 12:17 PM

President Abdel Fattah El-Sisi issued on Thursday 14/9/2017 a decree approving a one-billion-dollar loan agreement with the International Bank for Reconstruction and Development (IBRD).

The loan will be channeled into funding the second development policies program on financial support, sustainable energy and competitiveness.

Egypt signed the agreement with IBRD on December 22, 2016.

The decree was published in the gazette on Thursday.

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