Financial and Banking News

AID FLOWS

Egypt Receives $359.50mn in Soft Loans and Grants 

During the past two weeks Egypt has received soft loans and grants worth $359.50mn as follows:

 Source Purpose Amount  ($mn) IBRD Financial assistance for mechanical farms in the Nile Delta 139.00 Drainage of 482,670 acres in the Delta 68.00 Yugoslavia Finance and equipment for two transformers at Girga power station 118.00 World Food Program Grants for small farmers 22.00 EEC Renewable energy...