CAIRO - 10 November 2020: Egypt’s Ministry of International Cooperation and the World Bank Group released today a new Economic report titled: ‘Economic Monitor Report: From Crisis to Economic Transformation, Unleashing Egypt's Potential in Productivity and Job creation’ in the presence of H.E. In its efforts to promote effective development cooperation and ensure the optimal contribution of development cooperation projects to the UN Sustainable Development Goals (SDGs), the Ministry of International Cooperation conducted a comprehensive mapping exercise of all current effective projects to identify their alignment with relevant SDGs. 𝗘𝗴𝘆𝗽𝘁 𝗮𝗻𝗱 𝗪𝗼𝗿𝗹𝗱 𝗕𝗮𝗻𝗸 𝗣𝗮𝗿𝘁𝗻𝗲𝗿𝘀𝗵𝗶𝗽 𝗳𝗼𝗿 𝗦𝘂𝗽𝗽𝗼𝗿𝘁𝗶𝗻𝗴 𝗔 𝗥𝗲𝘀𝗶𝗹𝗶𝗲𝗻𝘁 𝗘𝗰𝗼𝗻𝗼𝗺𝘆Al-Mashat referred to the longstanding cooperation with the World Bank Group to support a resilient economy. During 2020, Egypt signed with the World Bank Group a total of four agreements in sectors of health, social solidarity and environment worth $1.15 billion. The total current portfolio of bilateral cooperation between Egypt and the World Bank totals about $5.38 billion in housing, sanitation, social solidarity, transportation, health, education, local development, petroleum, small enterprises and the environment.

Source: Egypt Today November 10, 2020 18:00 UTC