World Bank delegation to visit Algeria tomorrow

A delegation from the World Bank is to visit Algeria tomorrow to hold communications with the new Algerian government to establish the final framework for the cooperation program between the two sides.

A statement issued by bureau of the World Bank in Cairo said the delegation will review during the visit the anticipated priorities during the coming period, especially in field of supporting Algerian businessmen and private businesses, as well as supporting the privatization plan for the public companies during the coming five years.

The statement said the World Bank decided to present nine loans to Algeria valued at $730 million, among which is $200 million dollars for projects that are currently implemented.