#currency crisis
The World Bank Group (WBG) is providing Egypt with a new USD 6 billion (EGP 283.05 billion) financial support package, the multilateral lender announced on 18 March. “ supports the measures is taking for its economic recovery and restoring a sustainable path for inclusive growth,” the press release explains, also highlighting WBG’s commitment to its long-term strategic partnership with Egypt. Designed to advance Egypt's economic development and foster increased private sector involvement, the WBG outlined a program to enhance the…
