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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

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    World Bank Reveals Achievements of Economic Reform in Egypt

    Rocky
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    • Post n°1

    Bank - World Bank Reveals Achievements of Economic Reform in Egypt Empty World Bank Reveals Achievements of Economic Reform in Egypt

    Post by Rocky Thu 09 Nov 2017, 4:22 am


    World Bank Reveals Achievements of Economic Reform in Egypt

    10:22 - 09/11/2017


    Bank - World Bank Reveals Achievements of Economic Reform in Egypt %D8%A7%D9%84%D8%A8%D9%86%D9%83-%D8%A7%D9%84%D8%AF%D9%88%D9%84%D9%8A
    Information / Baghdad ..
    A report by the World Bank on the most important results of the economic reform plan adopted by the Egyptian government, headed by the project to strengthen the ability of small and micro enterprises to obtain funding.
    The credit facilities, which are channeled through the Social Fund for Development and Restitution to qualified financial intermediaries, benefited more than 140,000 beneficiaries, 38% of them women and 40% of young people, in addition to giving special priority to youth and women, As well as underserved areas, and the development of innovative financing mechanisms in the Social Fund for Development, including risk capital mechanisms.
    The World Bank also referred to the labor-intensive public works program, which allowed 22.1 million working days, benefiting more than 140,000 women and youth, 44% and 76%, respectively.
    The program rehabilitated and rehabilitated 9,000 classrooms, 162 social units, 249 youth centers, 3,150 kilometers of canals, 2,642 poor households and 170 kilometers of rural roads, and developed and protected 72 kilometers of land on both banks of the Nile.
    More than 850,000 families received visits to provide maternal and child health services from local health center staff, and more than 50,000 people benefited from literacy services. About 500 non-governmental organizations (NGOs) carry out community-based projects, benefiting about 700 small entrepreneurs.
    As for the Social Safety Net Support Project, the World Bank confirmed that it helped launch Takaful and Cash Transfer Programs in April 2015 in the poorest remote areas of Egypt. 151,3038 families benefit from the Takaful and Dignity Program out of 1.7 million households in general, 1.5 million families at the start of the program, 90% of the cardholders are women according to the design of the program.
    For energy projects, the 2100 megawatt power generation project was one of the main drivers of the installed capacity increase to a total of 29,000 megawatts.
    From fiscal year 2006 to fiscal year 2013, the World Bank has supported the establishment of four gas-fired power stations (Al Tebeen, Ain Sokhna, North Giza and South Helwan) and has supported a renewable energy program.
    A natural gas project has linked more than 365637 households to the gas network, representing 15% of the number of households connected to the network in the governorates of Cairo and Giza.
    It provided more than 90,000 low-income households with a gas distribution network and provided more than 3,000 jobs, particularly in the area of ​​network installation and maintenance.
    Agricultural irrigation and drainage services have also improved to more than 300,000 farmers. 1465 Water Users Association was established and successfully completed the first public-private partnership in the field of wastewater in Egypt in cooperation with the International Finance Corporation. The Bank also supported the sanitation sector through the Integrated Sewage Infrastructure Project, which was closed in December 2015, benefiting 13,300 families.
    The Bank is currently implementing the second integrated sewage infrastructure project, which aims to benefit 57,000 families.
    In addition, a major rural sanitation project (using the results-based program financing tool) was recently approved to increase access to improved sanitation services in rural villages in Egypt.
    The program is expected to lead to the delivery of 167,000 homes in the delta by 2020.
    He pointed out that the construction of the second terminal for Cairo airport has been completed and the capacity of the airport has increased by 8 million passengers per year and more than 293 kilometers of railway tracks have been renovated in the Cairo-Aswan and Benha-Port Said lines.

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