Egypt and the World Bank are discussing the expansion of innovative financing tools and investment guarantees to mobilise private sector capital and support structural reforms, the Ministry of Planning, Economic Development and International Cooperation said on Sunday. Al-Mashat stated that Egypt has adopted an approach that links development financing for budget support to specific, measurable reforms. The two sides discussed increasing the use of investment guarantees, particularly through the World Bank’s unified guarantee platform. The ministry noted that these tools aim to attract large-scale investment into infrastructure and local development without adding direct burdens to the state budget. Regarding local development, Al-Mashat highlighted the results of the Upper Egypt Local Development Programme.

Source: Daily News Egypt January 11, 2026 15:27 UTC