Financial and Banking News


IBRD Lends $87 to Three Arab Countries

The World Bank has agreed to lend $87.4mn to Egypt, Morocco and Tunisia, according to an announcement on 13 June. Egypt will receive a loan worth $37mn to expand and rehabilitate facilities at Port Said and to improve its management and operations. Morocco's Ministry of Public Health is allocated a loan of $28.4mn to develop a more cost-effective health system, emphasizing primary care and basic health...