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Egypt Inclusive Growth For Sustainable Recovery

Abstract*

The development objective of Inclusive Growth for Sustainable Recovery Development Policy Financing Project for Egypt is to: (a) enhance macro-fiscal sustainability; (b) enable private sector development; and (c) foster women's economic inclusion. The operation aims to support more inclusive economic growth for a sustainable recovery at a time of Coronavirus (COVID-19) related turbulence. While this standalone operation focuses on an immediate set...

* The project abstract is drawn from the PAD, SAR or PGD and may not accurately reflect the project's current nature

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Development Objective

To (a) enhance macro-fiscal sustainability, (b) enable private sector development, and (c) foster women's economic inclusion.

Key Details

Project Details

  • P171311

  • Closed

  • Mark Ahern , Mohamed El-Shiaty

  • Arab Republic of Egypt

  • Egypt, Arab Republic of

  • March 19, 2021

  • (as of board presentation)

    October 26, 2021

  • April 21, 2022

  • US$ 360.00 million

  • N/A

  • June 6, 2024

  • March 31, 2023

  • BANK APPROVED

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
International Bank for Reconstruction and Development 360.00

Total Project Financing (US$ Millions)

Product Line IBRD/IDA
IBRD Commitment 360.00
IDA Commitment N/A
IBRD + IDA Commitment 360.00
Lending Instrument
Grant Amount N/A
Total Project Cost** N/A

Summary Status of World Bank Financing (US$ Millions) as of March 31, 2025

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No data available.
Financier Approval Date Closing Date Principal Disbursed Repayments Interest, Charges & Fees

Detailed Financial Activity as of March 31, 2025

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No data available.
Period Financier Transaction Type Amount (US$)
Nov 15, 2023 IBRD-92940 Int Charges 11,276,681.00
Apr 21, 2022 IBRD-92940 Loan Disb 900,000.00
Apr 21, 2022 IBRD-92940 Fee Charges 900,000.00
May 15, 2023 IBRD-92940 Int Charges 504,911.28
May 15, 2024 IBRD-92940 Int Charges 11,904,999.00
May 15, 2023 IBRD-92940 Int Charges 9,397,420.00
Apr 22, 2022 IBRD-92940 Loan Disb 359,100,000.00
Oct 26, 2021 IBRD-92940 Loan Commitment 360,000,000.00
Nov 15, 2022 IBRD-92940 Int Charges 83,829.45
Nov 15, 2022 IBRD-92940 Int Charges 321,944.84
Nov 15, 2022 IBRD-92940 Int Charges 5,826,412.50
Nov 15, 2023 IBRD-92940 Int Charges 215,672.19
May 15, 2024 IBRD-92940 Int Charges 70,984.64

Footnotes

Ratings

IMPLEMENTATION RATINGS

No data available.

COMPLETION RATINGS

No data available.

INDEPENDENT EVALUATION RATINGS

No data available.

Results Framework

No data available.