1 Day
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السويس بلدي
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Planning Minister meets at IMF, World Bank
The article focused on Egypt's efforts to strengthen cooperation with Norway in development and infrastructure sectors, particularly through discussing a mechanism to guarantee the financing of infrastructure projects. The Egyptian Minister of Planning and Economic Development explained that the proposed mechanism aims to stimulate private sector investments by establishing a national platform for project evaluation, transforming sovereign guarantees into financial commitments, supporting green water and energy initiatives, and improving industrial infrastructure. The Norwegian side praised the mechanism and expressed interest in participating in it, to enhance developmental cooperation and investments in infrastructure projects in Egypt.
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