Egypt, World Bank to extend Country Partnership Framework
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Source: zawya.com
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Arab Finance - News - Egypt, World Bank to extend Country Partnership Framework
Rania Al-Mashat, Minister of International Cooperation and Governor of Egypt at the World Bank Group (WB), conducted a meeting with the team responsible for the World Bank’s Development Policy Financing (DPF) loan program.
Source: arabfinance.com
World Bank provides an additional $9 million to strengthen Palestinian businesses during COVID-19
WASHINGTON/PNN/ With nearly half of Palestinian firms expected to shrink by almost 50% in production and sales and lay off 24% of their employees because of the COVID-19 impact, the World Bank yesterday granted an additional $9 million to the ongoing Innovative Private Sector Development Project to foster the resilience of innovative start-ups and Small and Medium Enterprises (SMEs) through financial and technical assistance, according to a World Bank press release. “The COVID-19 crisis has severely affected the private sector in an already weak Palestinian economy. SMEs and start-ups are n...
Source: english.pnn.ps