{"id":573224,"date":"2020-07-26T04:16:34","date_gmt":"2020-07-26T04:16:34","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2020\/07\/26\/egypts-cabinet-approves-usd-500-mn-housing-facility-from-the-world-bank\/"},"modified":"2020-07-26T04:16:34","modified_gmt":"2020-07-26T04:16:34","slug":"egypts-cabinet-approves-usd-500-mn-housing-facility-from-the-world-bank","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2020\/07\/26\/egypts-cabinet-approves-usd-500-mn-housing-facility-from-the-world-bank\/","title":{"rendered":"Egypt\u2019s cabinet approves USD 500 mn housing facility from the World Bank"},"content":{"rendered":"<p><strong>CABINET WATCH- Cabinet greenlights USD 500 mn World Bank housing facility <\/strong><strong>extension: <\/strong>The Madbouly Cabinet ratified in its meeting last Wednesday a USD 500 mn extension to a World Bank facility as part of a program to improve access to low-income housing and bolster the state\u2019s <a href=\"https:\/\/bit.ly\/2ZWjfAQ\">Social Housing Mortgage Finance Fund<\/a>, according to <a href=\"https:\/\/bit.ly\/3jGSmse\">a statement<\/a>. The loan, which the bank signed off on <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/ad9274b2-7a3a-4827-ad19-258234827c22\">earlier this year<\/a>, will be provided by the World Bank\u2019s lending arm, the International Bank for Reconstruction and Development (IBRD).<\/p>\n","protected":false},"excerpt":{"rendered":"<p>CABINET WATCH- Cabinet greenlights USD 500 mn World Bank housing facility extension: The Madbouly Cabinet ratified in its meeting last Wednesday a USD 500 mn extension to a World Bank facility as part of a program to improve access to low-income housing and bolster the state\u2019s Social Housing Mortgage Finance Fund, according to a statement. [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8572],"tags":[7106,7097,73,72,879,4301,5580,2380,238,321],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-573224","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-debt","tag-development","tag-education","tag-enterpriseam","tag-new-urban-communities-authority","tag-social-housing","tag-social-housing-and-mortgage-finance-fund","tag-speed-round","tag-tourism","tag-world-bank","wpautop","entry"],"acf":{"mongo_id":"f712a64e-674e-4174-a278-dcba04c42fcd","is_powered_by":true,"section_story_id":"f4bf9b80-854b-4a1e-9794-61b90b9f2bd6","story_type":"1","photo_url":"","photo_position":"above","related_issue":[573206],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Egypt\u2019s cabinet approves USD 500 mn housing facility from the World Bank - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2020\/07\/26\/egypts-cabinet-approves-usd-500-mn-housing-facility-from-the-world-bank\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Egypt\u2019s cabinet approves USD 500 mn housing facility from the World Bank\" \/>\n<meta property=\"og:description\" content=\"CABINET WATCH- Cabinet greenlights USD 500 mn World Bank housing facility extension: The Madbouly Cabinet ratified in its meeting last Wednesday a USD 500 mn extension to a World Bank facility as part of a program to improve access to low-income housing and bolster the state\u2019s Social Housing Mortgage Finance Fund, according to a statement. 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Prime Minister Moustafa Madbouly had requested the financing in July of last year\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":594039,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/10\/17\/new-usd-500-mn-world-bank-facility-to-help-egypt-cut-pollution\/","url_meta":{"origin":573224,"position":3},"title":"New USD 500 mn World Bank facility to help Egypt cut pollution?","author":"enterpriseam admin","date":"17 October 2019","format":false,"excerpt":"New USD 500 mn World Bank facility to help Egypt cut pollution? Investment Minister Sahar Nasr met yesterday with World Bank officials in Washington to discuss a potential USD 500 mn facility to help Egypt reduce pollution, according to a ministry statement. 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