Egypt’s new youth unemployment program will be funded through grants from the African Development Fund, the Arab Monetary Fund, and a World Bank initiative geared towards supporting women, Investment and International Cooperation Minister Sahar Nasr tells Ahram Gate. The program aims to provide 1 mn young citizens with employment opportunities over the next three years, and will be divided among the major economic sectors, entrepreneurship, and sustainable businesses in low-income areas. Nasr had discussed the program last week with representatives from the International Labor Organization, the Japanese International Cooperation Agency, and USAID, among others. There is also legislation in the works to form a youth unemployment fund.

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