Egypt Prepares to Receive High-Level WB Delegation

Business

January 7th, 8:12am

Asharq Al-Awsat

General view of buildings and historic mosques in an old neighbourhood of Cairo, Egypt September 3, 2019. REUTERS/Mohamed Abd El Ghany

The Ministry of International Cooperation has started making preparations for a visit of a high-level delegation comprising executive directors of the World Bank to Egypt in January. Minister of International Cooperation Rania el Mashaat said in a statement on Monday that Egypt will work on deepening its partnership level with the World Bank within the coming years to achieve sustainable development goals. Cooperation with the WB will be according to the priorities of the Egyptian government to establish new developmental projects, she said. She also stressed the importance of such a visit, as the delegation is part of the World Bank's executive board of directors, which is chaired by the president of the WB and consists of 25 directors who represent the WB’s 189 member countries. Mashaat will meet with the delegation to discuss future cooperation between the ministry and the WB and the new partnership framework for the coming years. The team will meet with Prime Minister Mostafa Madbouli and a host of ministers to discuss the economic reform program of the Egyptian government within the coming stage. The delegation will also meet with entrepreneurs to stand on their projects and the role of the government in empowering them economically to contribute to achieving the targets of sustainable development. Furthermore, the delegation will visit the sites of a number of developmental projects in the fields of new and renewable energy and social protection.

from Asharq AL-awsat https://aawsat.com/english/home/article/2070386/egypt-prepares-receive-high-level-wb-delegation