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Planning Minister Talks with World Bank Executive
The article touched on Egypt's cooperation with the International Monetary Fund and the World Bank. It discussed how the Minister of Planning and Economic Development conversed with the World Bank's Operations Director about prospects for financing major projects, particularly regarding mechanisms to guarantee funding for infrastructure projects. This mechanism relies on investing innovative tools to finance vital sectors such as desalination, renewable energy, and green transportation, with the aim of strengthening the role of the private sector and reducing financial risks. Additionally, the support of the World Bank for the Universal Health Insurance project was highlighted as part of efforts to improve the healthcare system, alongside a national program for economic transformation aimed at stabilizing the economy and boosting investments and production. This approach reflects the government's orientation towards expanding renewable energy projects and achieving sustainable growth.
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