African Development Bank Approves US $500-Million Third and Final Tranche Budget Support Loan for Governance Reforms in Egypt
January 17, 2018
January 17, 2018
TUNIS, Tunisia, Jan. 17 -- The African Development Bank issued the following news release:
The Board of Directors of the African Development Bank has approved a US $500-million loan to finance Egypt's Economic Governance and Energy Support Program Phase III. This is the last in a series of three annual loans worth a total of US $1.5 billion covering the fiscal years 2015-2016 to 2017-2018 for the Economic Governance and Energy Support Program Based Operation.
The p . . .
The Board of Directors of the African Development Bank has approved a US $500-million loan to finance Egypt's Economic Governance and Energy Support Program Phase III. This is the last in a series of three annual loans worth a total of US $1.5 billion covering the fiscal years 2015-2016 to 2017-2018 for the Economic Governance and Energy Support Program Based Operation.
The p . . .