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The current portfolio includes 13 ongoing projects with a combined value of USD 6.5 billion. However, the cooperation is not limited to financial support; it also embraces the exchange of expertise, institutional capacity building, and the design of policies grounded in solid evidence.
The World Bank has released a new report reviewing the progress of its strategic partnership with Egypt under the 2023–2027 Country Partnership Framework (CPF). It is designed to support the government’s efforts to achieve sustainable economic development through concessional financing, technical assistance, and diagnostic reports.
The report underscored Egypt’s position as the third-largest contributor to the World Bank in the Middle East and North Africa. Since the beginning of cooperation in 1959, more than 201 projects with a total value of USD 27.5 billion have been financed in sectors ranging from infrastructure and healthcare to education and economic reforms.
The current portfolio includes 13 ongoing projects with a combined value of USD 6.5 billion. However, the cooperation is not limited to financial support; it also embraces the exchange of expertise, institutional capacity building, and the design of policies grounded in solid evidence.
According to the World Bank, the partnership has already delivered tangible results. It has improved healthcare and nutrition services for 6.3 million citizens, while also ensuring better access to education for 3.6 million students. More than 5.2 million families have benefited from the Takaful and Karama social protection program, and over 400,000 jobs have been created through entrepreneurship and private sector initiatives.
Egypt’s Minister of Planning, Economic Development, and International Cooperation, Dr. Rania Al-Mashat, highlighted that cooperation with the World Bank has, for decades, played a crucial role in promoting national priorities.
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The Minister noted that the partnership has particularly strengthened investment in human capital, food security, and private sector empowerment. According to the minister, the CPF is fully aligned with Egypt Vision 2030 and the government’s program of action, ensuring consistency between international support and domestic strategies.
