What Does Becoming an EBRD 'Country of Operations' Mean for Egypt? (allAfrica.com)

The European Bank for Reconstruction and Development’s (EBRD) recent designation of Egypt as a “country of operations” is an important milestone which Egypt has struggled to reach for five years, according to Former International Cooperation Minister Naglaa al-Ahwani. The newly-acquired status means that Egypt is now allowed to use EBRD ordinary capital resources for operations. The…

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