Cairo-Mubasher: The Egyptian international cooperation minister, Sahar Nasr, has agreed with the African Development Bank (AfDB) to send a convoy between 29 June and 5 July, according to an issued statement.
The convoy will consider tier 2 of a loan which is required for financing the Egyptian budget by $500 million.
It is noteworthy that the ministry signed in December 2015 an agreement with the AfDB to earmark $500 million as tier 1, within a three-year comprehensive economic development program with a total of $1.5 billion for enhancing the budget in Egypt.
