Presidential decree approving loan deal to support private sector in Egypt

CAIRO - 28 OCtober 2021: President Abdel Fattah El Sisi issued a decree approving a 50-million-dollar loan agreement between Egypt and the Arab Fund for Economic and Social Development.

 

The agreement contributes to funding a program for supporting projects and facilities of micro, small and medium enterprises of the private sector in Egypt.

 

The agreement was inked in Kuwait on January 27 in 2021.

 

The decree was published in the official gazette on Thursday.