Egypt's House of Representatives approves Japanese loan for power sector

Cairo – Mubasher: The Egyptian House of Representatives approved presidential decree no. 324 of 2021 ratifying the letters exchanged between the governments of Egypt and Japan. 

These letters include a loan worth JPY 25 billion from the Japan International Cooperation Agency (JICA) for the development of the electricity sector in Egypt as part of the power reform programme, according to a statement on Tuesday. 

The programme is implemented in partnership with the African Development Bank (AFDB) and the French Development Agency (AFD) to support power reforms. 

 

Mubasher Contribution Time: 19-Oct-2021 14:42 (GMT)
Mubasher Last Update Time: 19-Oct-2021 14:42 (GMT)