World Bank delegation in town, talks for third USD 1 bn loan tranche underway

Talks for third USD 1 bn World Bank loan tranche underway: Negotiations for the disbursement of a third USD 1 bn tranche of the World Bank (WB) loan to support the economic reform program are currently underway, according to an e-mailed statement from the Investment Ministry. Minister Sahar Nasr met with a WBG delegation currently in town to review progress on economic reforms. The WB disbursed the second tranche of the USD 3 bn loan on Monday.