DUBAI, March 22 (Reuters) - The World Bank approved a
new country partnership framework (CPF) for Egypt for the
financial years 2023-2027 providing the country with $7 billion
in funds, the lender said on Wednesday.
The CPF will entail $1 billion per year from the
International Bank for Reconstruction and Development (IBRD) and
about $2 billion during the entire CPF period from the
International Finance Corporation (IFC), the statement said,
adding that the programme was meant to support Egypt's efforts
in green and inclusive development.
(Reporting by Nayera Abdallah and Nadine Awadalla, Editing by
Louise Heavens)
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