The House of Representatives approves an agreement with the World Bank for Reconstruction and Development of $ 500 million

The House of Representatives, headed by Counselor Dr. Hanafi Jabali, agreed, during the plenary session today, Tuesday, the decision of the President of the Arab Republic of Egypt No. 637 of 2024 regarding the approval of the agreement of the program & quot; financing of development policies towards promoting resistance, opportunities, and luxury in Egypt & quot; Between the government of the Arab Republic of Egypt and the World Bank for Development and Development, at a value of $ 500 million. As one of the largest development partners of the Arab Republic of Egypt, with the aim of supporting the general budget of the state through the implementation of a set of reformist measures and policies, such as enhancing economic competitiveness and improving the business environment, enhancing the economy’s ability to withstand external shocks, and supporting the green transition to protect the environment. >
The counselor, Dr. Hanafi Jabali, raised the plenary session of the House of Representatives, to return to the convening on Sunday 9 February.
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