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Signs of Egypt's economic success from World Bank

Originally published

Khaleed Akram, the head of World Bank mission, declared that the rate of successful projects in which the World Bank shares in its finances in Egypt reached more than 86 among 14 projects.

He said that the payback rate this year reached a standard level of 25% from the primary budget of companies before the end of next June, the highest average payback rate the bank has witnessed in Egypt.

He clarified that the success of the projects is due to government support in addition to the project managers' competence.

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