Parliament ratifies Egyptian-Japanese development policy loan agreement

Parliament ratifies Egyptian-Japanese development policy loan agreement

House of Representatives has endorsed the exchanged letters between Egypt and Japan, represented by the Japan International Cooperation Agency (JICA), on a low-interest official development assistance (ODA) agreement signed earlier this year, according to a statement on June 21st. The loan aims to back the North African country’s Universal Health Insurance System. On March 28th, Ministry of Finance announced the signing of a JPY 44 million ($336 million) official development assistance (ODA) agreement with JICA to support Egypt's Universal Health Insurance System. Copyright © 2022 Arab Finance Brokerage Company All rights reserved. Provided by SyndiGate Media Inc. ( Syndigate.info ).