{"id":594964,"date":"2019-09-12T03:44:27","date_gmt":"2019-09-12T03:44:27","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/09\/12\/egypt-world-bank-sign-usd-500-mn-facility-extending-social-safety-program\/"},"modified":"2019-09-12T03:44:27","modified_gmt":"2019-09-12T03:44:27","slug":"egypt-world-bank-sign-usd-500-mn-facility-extending-social-safety-program","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/09\/12\/egypt-world-bank-sign-usd-500-mn-facility-extending-social-safety-program\/","title":{"rendered":"Egypt, World Bank sign USD 500 mn facility extending social safety program"},"content":{"rendered":"

In other news from international financiers: Egypt, World Bank sign USD 500 mn facility to extend social safety net: <\/b>Investment Minister Sahar Nasr and World Bank director in Egypt Marina Weis have signed an agreement to extend a program to support Egypt\u2019s social safety net for three years, the ministry said in a statement<\/a>. The bank will provide an additional USD 500 mn facility on top of the initial USD 400 mn loan granted in 2015 to support the Takaful and Karama cash subsidy programs. The new proceeds will be used to expand the programs by offering employment and \u201ceconomic empowerment\u201d to members of the enrolled families. The bank approved the extension last July<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

In other news from international financiers: Egypt, World Bank sign USD 500 mn facility to extend social safety net: Investment Minister Sahar Nasr and World Bank director in Egypt Marina Weis have signed an agreement to extend a program to support Egypt\u2019s social safety net for three years, the ministry said in a statement. The […]<\/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":[7106,72,190,2380,2200,321],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-594964","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-debt","tag-enterpriseam","tag-social-welfare","tag-speed-round","tag-takaful-and-karama","tag-world-bank","wpautop","entry"],"acf":{"mongo_id":"7870c56a-0b53-41fb-8d5f-97f2d81e5da9","is_powered_by":true,"section_story_id":"a024cbca-8eac-4185-9147-ef7daee14b7e","story_type":"1","photo_url":"","photo_position":"above","related_issue":[594957],"teaser":"","voice_url":""},"yoast_head":"\nEgypt, World Bank sign USD 500 mn facility extending social safety program - 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\/2019\/09\/12\/egypt-world-bank-sign-usd-500-mn-facility-extending-social-safety-program\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Egypt, World Bank sign USD 500 mn facility extending social safety program\" \/>\n<meta property=\"og:description\" content=\"In other news from international financiers: Egypt, World Bank sign USD 500 mn facility to extend social safety net: Investment Minister Sahar Nasr and World Bank director in Egypt Marina Weis have signed an agreement to extend a program to support Egypt\u2019s social safety net for three years, the ministry said in a statement. 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This is\u2026","rel":"","context":"In "DEBT WATCH"","block_context":{"text":"DEBT WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/debt-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/12\/519.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":593866,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/10\/13\/cabinet-signs-off-on-usd-500-mn-world-bank-facility-for-egypts-social-safety-net\/","url_meta":{"origin":594964,"position":1},"title":"Cabinet signs off on USD 500 mn World Bank facility for Egypt\u2019s social safety net","author":"enterpriseam admin","date":"13 October 2019","format":false,"excerpt":"CABINET WATCH- The Madbouly Cabinet approved on Thursday a USD 500 mn loan from the World Bank to support Egypt\u2019s social safety net for three years, according to an official statement. Egypt had signed the agreement for the facility, which will be used to expand the Takaful and Karama cash\u2026","rel":"","context":"In "Speed Round"","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":624268,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/09\/04\/world-bank-offers-usd-500-mn-loan-to-support-egypts-cash-subsidy-programs\/","url_meta":{"origin":594964,"position":2},"title":"World Bank offers USD 500 mn loan to support Egypt\u2019s cash-subsidy programs","author":"enterpriseam admin","date":"4 September 2018","format":false,"excerpt":"The World Bank has offered a USD 500 mn loan to support Egypt\u2019s cash-subsidy programs: The news of potential limits on fresh debt comes as the World Bank has offered Egypt a USD 500 mn loan to support its Takaful and Karama cash-subsidy programs, Social Solidarity Minister Ghada Wali tells\u2026","rel":"","context":"In "Speed Round"","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":572363,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/06\/22\/egypt-receives-first-installment-of-usd-500-mn-world-bank-facility\/","url_meta":{"origin":594964,"position":3},"title":"Egypt receives first installment of USD 500 mn World Bank facility","author":"enterpriseam admin","date":"22 June 2020","format":false,"excerpt":"The World Bank has disbursed the first USD 325 mn tranche of a USD 500 mnfacility to subsidize the Takaful and Karama cash subsidy programs, Social Solidarity Minister Nivine El Kabbag tells Al Mal. The remaining USD 175 mn is expected to land in Egypt within days, according to El\u2026","rel":"","context":"In "Diplomacy + Foreign Trade"","block_context":{"text":"Diplomacy + Foreign Trade","link":"https:\/\/enterpriseam.com\/egypt\/category\/diplomacy-foreign-trade\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":596637,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/03\/world-bank-approves-usd-500-mn-loan-to-support-egypts-cash-subsidy-programs\/","url_meta":{"origin":594964,"position":4},"title":"World Bank approves USD 500 mn loan to support Egypt\u2019s cash-subsidy programs","author":"enterpriseam admin","date":"3 July 2019","format":false,"excerpt":"World Bank approves USD 500 mn loan to support Egypt\u2019s cash-subsidy programs: The World Bank\u2019s board of directors has approved the USD 500 mn facility offered last year to extend for three years a program to support Egypt\u2019s social safety net, according to an Investment Ministry statement (pdf). The proceeds\u2026","rel":"","context":"In "Speed Round"","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":595083,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/09\/16\/egypt-to-obtain-first-segment-of-usd-500-mn-world-bank-loan-next-fiscal-year\/","url_meta":{"origin":594964,"position":5},"title":"Egypt to obtain first segment of USD 500 mn World Bank loan next fiscal year","author":"enterpriseam admin","date":"16 September 2019","format":false,"excerpt":"Takaful and Karama will receive first payment of USD 500 mn World Bank loan next fiscal year: The Social Solidarity Ministry will start receiving payments from the USD 500 mn World Bank loan for the Takaful and Karama social welfare programs in three tranches over three years, starting from FY2020-2021,\u2026","rel":"","context":"In "Speed Round"","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":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/594964","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=594964"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/594964\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/594957"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=594964"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=594964"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=594964"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=594964"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=594964"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}