The Housing Ministry is planning to request new loans from the World Bank to complete its ongoing housing projects, Al Borsa reports. Housing Minister Mostafa Madbouly is expected to discuss the ministry’s progress on the projects with World Bank officials at the Spring Meetings on 21-23 April. No details were provided on the size of the new loan the ministry is seeking. The bank has already provided the ministry with a USD 1.5 bn loan for the projects.

Tags: