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PM: Egypt seeks to expand World Bank partnership to support sustainable growth
EG🏛️ PoliticsCenter9 hr. ago

PM: Egypt seeks to expand World Bank partnership to support sustainable growth

Prime Minister Mostafa Madbouly emphasized Egypt's collaboration with the World Bank Group to achieve sustainable growth and economic development. During a meeting with World Bank Managing Director Paschal Donohoe on July 14, 2026, Madbouly expressed hopes for expanded cooperation in key sectors such as health, energy, tourism, and digital transformation. The discussion included progress on Egypt's economic reform program, the National Foreign Direct Investment Strategy, and initiatives like the Business Ready report. Additionally, the government highlighted efforts to improve support for micro, small, and medium enterprises through a restructuring plan with the World Bank. Deputy Minister Samar al-Ahdal noted ongoing coordination between the Foreign Ministry and the World Bank to enhance cooperation and explore new partnerships aligned with Egypt's economic priorities.

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Egypt Independent logoEgypt IndependentIndependentCenter9 hr. ago
PM: Egypt seeks to expand World Bank partnership to support sustainable growth

Prime Minister Mostafa Madbouly emphasized Egypt's collaboration with the World Bank Group to achieve sustainable growth and economic development. During a meeting with World Bank Managing Director Paschal Donohoe on July 14, 2026, Madbouly expressed hopes for expanded cooperation in key sectors such as health, energy, tourism, and digital transformation. The discussion included progress on Egypt's economic reform program, the National Foreign Direct Investment Strategy, and initiatives like the Business Ready report. Additionally, the government highlighted efforts to improve support for micro, small, and medium enterprises through a restructuring plan with the World Bank. Deputy Minister Samar al-Ahdal noted ongoing coordination between the Foreign Ministry and the World Bank to enhance cooperation and explore new partnerships aligned with Egypt's economic priorities.

Bias read (Center): The article presents a balanced account of Egypt's diplomatic and economic engagement with the World Bank Group, focusing on collaborative efforts and mutual interests without overtly favoring any political ideology. It reports on discussions and agreements without taking a clear ideological stance,

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