Planning Minister discusses local currency projects with World Bank
Egypt's Minister of Planning and Economic Development, Dr. Ahmed Rustom, discussed with Anshula Kant, the Managing Director of the World Bank, the creation of innovative financing mechanisms in the local currency to support infrastructure projects in Egypt. The meeting also covered the development of a project financing guarantee mechanism and strategies to stimulate private investments, with the aim of reducing investment risks, improving the efficiency of public spending, and supporting project sustainability—especially in the face of global economic challenges and regional tensions. This cooperation aims to attract long-term financing, achieve economic stability, and promote sustainable development.
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