World Bank preparing new five-year partnership strategy for Egypt

March 10, 2014 1:33 am

The World Bank Group (WBG) has a new partnership strategy with Egypt is being prepared to guide the group’s engagement in the country for the next five years, Daily News Egypt has reported. The strategy aims to support Egypt’s development priorities in the new economic and political context with the strategy of the WBG in the region. “We are committed to continue supporting Egypt’s effort in addressing its current development challenges and we look forward to listening to various stakeholders on how best we can support Egypt,” said the World Bank country director for Egypt, Yemen and Djibouti, Hartwig Schafer.