{"id":649522,"date":"2017-03-02T04:12:40","date_gmt":"2017-03-02T04:12:40","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/03\/02\/imf-coming-in-march-nasr-looking-for-usd-1-bn-second-tranche-of-usd-3-bn-development-loan\/"},"modified":"2017-03-02T04:12:40","modified_gmt":"2017-03-02T04:12:40","slug":"imf-coming-in-march-nasr-looking-for-usd-1-bn-second-tranche-of-usd-3-bn-development-loan","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/03\/02\/imf-coming-in-march-nasr-looking-for-usd-1-bn-second-tranche-of-usd-3-bn-development-loan\/","title":{"rendered":"IMF coming in March, Nasr looking for USD 1 bn second tranche of USD 3 bn development loan"},"content":{"rendered":"

The IMF may not be here in March, but World Bank will be:<\/strong> A delegation from the World Bank Group is reportedly coming to town in the first half of March to discuss progress on Egypt\u2019s economic reform agenda, said Investment and International Cooperation Minister Sahar Nasr. The World Bank has yet to send over the second USD 1 bn tranche of its USD 3 bn development loan to Egypt, which CBE Governor Tarek Amer said last weekend would arrive this month. Nasr had also engaged in talks back in January with the World Bank for USD 400 mn in funding for labor-intensive projects and SME development. Nasr\u2019s statements follow a ministerial coordination meeting on raising Egypt\u2019s ranking in the Doing Business report, Ahram Online<\/a> reports.<\/p>\n

This comes as the Trade and Industry Ministry is currently negotiating a new USD 150 mn funding facility <\/strong>with the World Bank<\/strong> for infrastructure development, social services, and training and employment opportunities in the poorest areas, Minister Tarek Kabil said, according to Al Masry Al Youm<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

The IMF may not be here in March, but World Bank will be: A delegation from the World Bank Group is reportedly coming to town in the first half of March to discuss progress on Egypt\u2019s economic reform agenda, said Investment and International Cooperation Minister Sahar Nasr. The World Bank has yet to send over […]<\/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":[72,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-649522","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"3c16f4df-3f21-451a-9423-c82c908b3b13","order":"0","is_powered_by":true,"section_story_id":"4e7b4344-d756-44ce-a21a-6e082bd6dfbb","story_type":"1","photo_url":"","photo_position":"above","related_issue":[649512],"teaser":"","voice_url":""},"yoast_head":"\nIMF coming in March, Nasr looking for USD 1 bn second tranche of USD 3 bn development loan - 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\/2017\/03\/02\/imf-coming-in-march-nasr-looking-for-usd-1-bn-second-tranche-of-usd-3-bn-development-loan\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"IMF coming in March, Nasr looking for USD 1 bn second tranche of USD 3 bn development loan\" \/>\n<meta property=\"og:description\" content=\"The IMF may not be here in March, but World Bank will be: A delegation from the World Bank Group is reportedly coming to town in the first half of March to discuss progress on Egypt\u2019s economic reform agenda, said Investment and International Cooperation Minister Sahar Nasr. The World Bank has yet to send over […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/02\/imf-coming-in-march-nasr-looking-for-usd-1-bn-second-tranche-of-usd-3-bn-development-loan\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-03-02T04:12:40+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\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/02\/imf-coming-in-march-nasr-looking-for-usd-1-bn-second-tranche-of-usd-3-bn-development-loan\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/02\/imf-coming-in-march-nasr-looking-for-usd-1-bn-second-tranche-of-usd-3-bn-development-loan\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"IMF coming in March, Nasr looking for USD 1 bn second tranche of USD 3 bn development loan\",\"datePublished\":\"2017-03-02T04:12:40+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/02\/imf-coming-in-march-nasr-looking-for-usd-1-bn-second-tranche-of-usd-3-bn-development-loan\/\"},\"wordCount\":187,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/02\/imf-coming-in-march-nasr-looking-for-usd-1-bn-second-tranche-of-usd-3-bn-development-loan\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/02\/imf-coming-in-march-nasr-looking-for-usd-1-bn-second-tranche-of-usd-3-bn-development-loan\/\",\"name\":\"IMF coming in March, Nasr looking for USD 1 bn second tranche of USD 3 bn development loan - 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Authorities will use the funds to finance development projects and provide services to citizens in under-developed regions, Minister Sahar Nasr said. 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By her count, Egypt should expect to receive USD 1 bn from the IMF following its second\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":642065,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/08\/06\/fdi-to-ring-in-around-usd-8-7-bn-in-fy2016-17-world-bank-afdb-tranches-coming-before-the-end-of-the-year-sahar-nasr\/","url_meta":{"origin":649522,"position":3},"title":"FDI to ring in around USD 8.7 bn in FY2016-17, World Bank, AfDB tranches coming before the end of the year -Sahar Nasr","author":"enterpriseam admin","date":"6 August 2017","format":false,"excerpt":"Foreign direct investment in FY2016-17 is expected to ring at around USD 8.7 bn, climbing 26% y-o-y over the previous fiscal year, said Investment and International Cooperation Minister Sahar Nasr (pdf) on Friday. 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