{"id":596596,"date":"2019-07-02T12:57:42","date_gmt":"2019-07-02T12:57:42","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/02\/egypt-to-finalize-usd-500-mn-world-bank-cash-subsidy-loan-by-end-july\/"},"modified":"2019-07-02T12:57:42","modified_gmt":"2019-07-02T12:57:42","slug":"egypt-to-finalize-usd-500-mn-world-bank-cash-subsidy-loan-by-end-july","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/02\/egypt-to-finalize-usd-500-mn-world-bank-cash-subsidy-loan-by-end-july\/","title":{"rendered":"Egypt to finalize USD 500 mn World Bank cash subsidy loan by end-July"},"content":{"rendered":"

FinMin to finalize USD 500 mn World Bank cash subsidy support loan by the end of the month:<\/b> The Finance Ministry is set to wrap up the procedures of obtaining a USD 500 mn loan offered by the World Bank last year<\/a> to support the Takaful and Karama cash subsidy programs by the end of the month, Deputy Social Solidarity Minister Nevine El Kabbag said, according to Al Mal<\/a>. The ministry will receive 10% of the loan to set up projects for families enrolled in said social welfare programs. The remaining proceeds will be used for yet-to-be-decided projects.<\/p>\n","protected":false},"excerpt":{"rendered":"

FinMin to finalize USD 500 mn World Bank cash subsidy support loan by the end of the month: The Finance Ministry is set to wrap up the procedures of obtaining a USD 500 mn loan offered by the World Bank last year to support the Takaful and Karama cash subsidy programs by the end of […]<\/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":[9285],"tags":[7097,2398,72,190,321],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-596596","post","type-post","status-publish","format-standard","hentry","category-diplomacy-foreign-trade","tag-development","tag-diplomacy-foreign-trade","tag-enterpriseam","tag-social-welfare","tag-world-bank","wpautop","entry"],"acf":{"mongo_id":"aed4bc26-ae32-4f5f-86eb-397fce4ab450","is_powered_by":true,"section_story_id":"8213addc-1b1e-478a-9dd6-20d720c578db","story_type":"1","photo_url":"","photo_position":"above","related_issue":[596570],"teaser":"","voice_url":""},"yoast_head":"\nEgypt to finalize USD 500 mn World Bank cash subsidy loan by end-July - 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\/07\/02\/egypt-to-finalize-usd-500-mn-world-bank-cash-subsidy-loan-by-end-july\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Egypt to finalize USD 500 mn World Bank cash subsidy loan by end-July\" \/>\n<meta property=\"og:description\" content=\"FinMin to finalize USD 500 mn World Bank cash subsidy support loan by the end of the month: The Finance Ministry is set to wrap up the procedures of obtaining a USD 500 mn loan offered by the World Bank last year to support the Takaful and Karama cash subsidy programs by the end of […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2019\/07\/02\/egypt-to-finalize-usd-500-mn-world-bank-cash-subsidy-loan-by-end-july\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2019-07-02T12:57:42+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/07\/02\/egypt-to-finalize-usd-500-mn-world-bank-cash-subsidy-loan-by-end-july\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/07\/02\/egypt-to-finalize-usd-500-mn-world-bank-cash-subsidy-loan-by-end-july\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Egypt to finalize USD 500 mn World Bank cash subsidy loan by end-July\",\"datePublished\":\"2019-07-02T12:57:42+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/07\/02\/egypt-to-finalize-usd-500-mn-world-bank-cash-subsidy-loan-by-end-july\/\"},\"wordCount\":107,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"development\",\"Diplomacy + Foreign Trade\",\"EnterpriseAM\",\"social welfare\",\"World Bank\"],\"articleSection\":[\"Diplomacy + Foreign Trade\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/07\/02\/egypt-to-finalize-usd-500-mn-world-bank-cash-subsidy-loan-by-end-july\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2019\/07\/02\/egypt-to-finalize-usd-500-mn-world-bank-cash-subsidy-loan-by-end-july\/\",\"name\":\"Egypt to finalize USD 500 mn World Bank cash subsidy loan by end-July - 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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":595388,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/09\/24\/solidarity-ministry-to-receive-world-bank-loan-tranche-for-employment-initiative-next-month\/","url_meta":{"origin":596596,"position":1},"title":"Solidarity Ministry to receive World Bank loan tranche for employment initiative next month","author":"enterpriseam admin","date":"24 September 2019","format":false,"excerpt":"The Finance Ministry could disburse EGP 800-900 mn from a recently agreed USD 500 mn World Bank loan to the Social Solidarity Ministry for its employment initiative in October, sources told the local press. The World Bank in July agreed to give Egypt an additional USD 500 mn facility on\u2026","rel":"","context":"In "Banking + Finance"","block_context":{"text":"Banking + Finance","link":"https:\/\/enterpriseam.com\/egypt\/category\/banking-finance\/"},"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":596596,"position":2},"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":602054,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/03\/18\/egypt-in-talks-with-unnamed-foreign-lenders-for-usd-2-bn-loan-for-transport-projects\/","url_meta":{"origin":596596,"position":3},"title":"Egypt in talks with unnamed foreign lenders for USD 2 bn loan for transport projects","author":"enterpriseam admin","date":"18 March 2019","format":false,"excerpt":"Egypt is in talks with unnamed foreign lenders for a USD 2 bn loan to fund new transport projects, Investment Minister Sahar Nasr said yesterday, according to a ministry statement (pdf). Nasr met with newly appointed Transport Minister Kamel El Wazir to discuss financing for the Transport Ministry\u2019s planned infrastructure\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":594964,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/09\/12\/egypt-world-bank-sign-usd-500-mn-facility-extending-social-safety-program\/","url_meta":{"origin":596596,"position":4},"title":"Egypt, World Bank sign USD 500 mn facility extending social safety program","author":"enterpriseam admin","date":"12 September 2019","format":false,"excerpt":"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\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":596596,"position":5},"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":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/596596","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=596596"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/596596\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/596570"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=596596"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=596596"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=596596"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=596596"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=596596"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}