Group items tagged

1. On March 30, 2010, JICA (President: Sadako Ogata) signed an agreement with the government of the Arab Republic of Egypt for a Japanese ODA loan up to 38.864 billion yen for the Gulf of El Zayt Wind Power Plant Project. 2.

"وزير مالية الإمارات: قررنا مساعدة مصر بـ 3 مليارات دولار"

دعت فايزة أبو النجا، وزيرة التعاون الدولي، الأمين العام لوزارة الخارجية الإيطالية، لسرعة البدء في تنفيذ الشريحة الثالثة من برنامج مبادلة الديون بين مصر وإيطاليا والمقدر له مبلغ 100 مليون دولار

A glance at Egypt's public finances reveals a disturbing fact: the interest that the country pays on its foreign loans is larger than its budget for education, healthcare, and housing combined. Indeed, these debt-service costs alone account for 22 percent of the Egyptian government's total expenditures.

The EBRD, an international lending institution which has focused on emerging European economies, announced last week that shareholder governments had backed the expansion of its mandate to North Africa. The bank is one of the tools the international community will use to supply aid to Arab governments and encourage them to pursue democratic reforms in the wake of this year's Arab Spring political unrest.

On 31 October, a group of researchers, activists and civil society organizations will launch the Egyptian Debt Audit and Cancellation Campaign in coordination with international actions in Europe and Latin America. The main goal of the campaign is to audit and cancel Egypt's foreign debt that was accumulated under ousted President Hosni Mubarak.