finance
The bill also indicated the sources of funding.
The AfDB's vice-president, Kevin Urama, stated in July that Africa was losing 5 percent to 15 percent of GDP per capita due to climate change.
Mr. Gerry Rice, Director of Communications at the International Monetary Fund (IMF), said that the IMF staff and the Egyptian authorities “have held very productive in-person discussions on the margins of the IMF and World Bank Annual Meetings and made substantial progress on all policies.
He also referred to the importance of promoting blended finance through public and private sectors, as well as strengthening the role of non-state actors.
That is within the government's bid to expand the social safety network among irregular workers.
The FY 2021-22 financial performance indices have proven that Egypt has showed resilience against the global economic changes and crises, as it managed to achieve positive results, especially after being among a limited number of countries, which succeeded in achieving a primary surplus of 1.3 percent of GDP, compared to primary deficits seen by other countries.
The Egyptian initiative includes holding five major regional roundtables.
Finance Minister Mohamed Ma’eit said Sunday that the government is acting to alleviate the burden on citizens.
The 2nd edition of Egypt International Cooperation forum (Egypt-ICF) is planned to set a unified vision for the green transition ahead of the United Nations Climate change Conference (COP27) scheduled this November, Egyptian Minister of International Cooperation Rania el Mashat said Saturday.
The two sides praised the tangible progress in the course of the Egyptian-Qatari relations, in a way that serves the goals and interests of both countries and peoples.
The Armed Forces Morale Affairs Department organized, Wednesday an educational seminar for the armed forces men
The COP 27 Champion pointed out that Africa’s contribution in emissions is just 3-4%.
Chargé D’Affaires at the U.S. Embassy in Cairo Nicole Shampaine stated Sunday that the United States had invested $80 billion in Egypt over the years
The minister presented some features of Egypt’s policies to face global economic crisis.
In addition, a mechanism is being devised to fund developmental projects in governorates by identifying developmental gaps in each, Said revealed.
Finance Minister Mohamed Maait said on Monday amendments to the income tax law, approved by the Cabinet and referred to the House of Representatives, aim to alleviate citizens' suffering and stimulate investment in light of the crises that have affected the global economy, starting from the repercussions of the coronavirus till the unprecedented challenges posed by the Russian-Ukrainian war.
The size of the current funding portfolio between Egypt and the World Bank is $5.5 billion directed towards 15 projects.
The theme is "Improving Trade Resilience Amid Series of Global Supply Chain Disruptions."
President Abdel Fatah al-Sisi received Monday French Minister of Economy and Finance Bruno Le Maire at Al Itiyadiyah Presidential Palace.
Minister of Planning and Economic Development Hala al-Said stated Monday that the International Islamic Trade Finance Corporation has funded Egypt with $13.8 billion until present.
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