International Cooperation Minister meets WB delegation on development projects
Saturday 24/September/2016 - 04:32 PM
International Cooperation Minister Sahar Nasr held three meetings with representatives of the World Bank (WB) to discuss development projects in Egypt.
During her meeting with Asaad Alem، the WB regional director in Egypt، Nasr touched on the bank's funding of two projects to support the 1.5-million-feddan project and promote development in Upper Egypt.
The WB is scheduled to provide 500،000 million dollars for each project.
The two sides tackled preparations for a visit that will be paid by Nasr to Washington onOctober 7-9، during which she will lead Egypt's delegation to the WB annual meetings. Minister Nasr held another meeting with Alfonso Garcia Mora، the director of the Finance and Markets Sector at the World Bank.
The meeting tackled aspects of cooperation between Egypt and the WB in the field of insurance and micro-enterprises.
Nasr met also with WB poverty and social justice assessment team over a technical assistance grant that will be provided by the World Bank for the Central Agency for Public Mobilization and Statistics (CAPMAS) to update the poverty and justice index in Egypt.