The Egyptian government approves three agreements with the World Bank, Kuwait Fund and the European Union

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Dr. Sahar Nasr, Minister of Investment and International Cooperation, confirmed that the Cabinet approved three agreements with the World Bank, Kuwait Development Fund and the European Union.

The minister said in a press statement that the first agreement for the establishment of the Arish water station with the Kuwait Fund for Development at a cost of 12 million dinars and an agreement between Egypt and the European Union totaling 540 million euros to support the new and renewable energy sector, social protection and legislative reforms, and the third agreement with the World Bank to support the reform program Billion dollars represents the third installment of funding signed with the World Bank and 150 million dollars from Britain to support the economic reform program.