Egyptian minister discusses agreements to finance Sinai Development Program

SourceArab News
SectorFinancial Markets
CountryEgypt

Egyptian minister discusses agreements to finance Sinai Development Program Egyptian minister discusses agreements to finance Sinai Development Program Egyptian minister discusses agreements to finance Sinai Development Program The agreements are worth $885 million. (Shuttstock/file) Short Url Egyptian minister discusses agreements to finance Sinai Development Program Updated 16 September 2020 Follow @arabnews CAIRO: Egypt has signed three agreements worth around $885 million with Arab funds since the start of the year to finance the Sinai Peninsula Development Program. Egyptian Minister of International Cooperation Rania Al-Mashat said on Tuesday that the agreements would finance the program, support structural reform and improve the efficiency of the government's public financial management, as well as strengthen the Ministry of Health's capacity to combat the coronavirus (COVID-19) pandemic. The agreements are part of the International Cooperation Ministry's efforts, through economic diplomacy, to provide financing for development ...read more...