Cairo – Mubasher: The World Bank Group will sign an agreement with Egypt’s government over the coming days to pump $1 billion in the North African nation’s private sector, the bank’s vice president for Middle East and North Africa (MENA) said on Sunday.
The financing is aimed to boost Egypt’s economic growth and support the private-sector employees, Ferid Belhaj added.
The official further noted that the Arab world's most populous country has implemented drastic reforms in the economy over the last four years.
The statements came on the sidelines of the Africa 2018 Forum being held in Sharm El Sheikh.