World Bank Issues Report on Developments in the Implementation of the Country Partnership Framework (CPF) with the Government for the Period 2023–2027
24 August 2025
Dr. Rania Al-Mashat: Our joint strategy with the World Bank is based on national priorities and aims to support economic and structural reform.
Continued implementation of several ongoing projects to strengthen social protection, food security, and create more job opportunities.
World Bank Report: 201 projects financed in Egypt since 1959 worth USD 27.5 billion.
6.3 million people benefited from joint projects and programs in food security and health services.
“Takaful and Karama” program is one of the priority projects under the partnership with Egypt to protect and empower low-income groups.
The World Bank has issued a recent report on the
developments of the strategic partnership with the Arab Republic of Egypt,
within the framework of implementing the Country Partnership Framework (CPF)
for the period 2023–2027, which aims to enhance the state’s efforts in
achieving comprehensive and sustainable economic development, whether through
concessional development financing, technical support, diagnostic reports
across various sectors of the economy, or development policy financing.
H.E. Dr. Rania Al-Mashat, Minister of Planning, Economic
Development and International Cooperation, and Egypt’s Governor at the World
Bank Group, affirmed that Egypt is one of the founding countries of the World
Bank and its affiliated institutions, and that the decades-long partnership has
contributed to reinforcing national priorities and priority areas, especially
in terms of investing in human capital, food security, and private sector
empowerment. The partnership with the World Bank is based on national ownership
and aligned with Egypt’s Vision 2030 and the Government Action Program.
The Minister of Planning, Economic Development and
International Cooperation pointed out that the Ministry is keen to develop the
aspects of partnership with the Bank to support Egypt’s economic and structural
reforms and improve governance of public investment spending, noting that
empowering the private sector and enhancing its participation in leading
development efforts is one of the priorities of the partnership with the World
Bank Group in the current period.
Diversified Partnership Portfolio
The report highlighted the evolution of the Egypt–World Bank
partnership portfolio, noting that Egypt is the third largest shareholder in
the Bank in the Middle East and North Africa region. Since the World Bank began
supporting Egypt’s development program in 1959, it has financed more than 201
projects worth $27.5 billion, focusing on infrastructure, human capital
development through health and education, economic reforms, and private sector
development.
The report outlined the Country Partnership Framework (CPF),
which is being implemented for the period 2023-2027, between Egypt and the
World Bank Group, to support development efforts and foster conditions for
green, resilient, and inclusive growth, explaining that the framework focuses
on enhancing job creation in the private sector, improving human capital
outcomes, and strengthening resilience to economic and environmental shocks.
Over the past years, joint projects between the government
and the World Bank have contributed to providing health and food services to
around 6.3 million people. These efforts also contributed to improving access
to quality education for 3.6 million primary and secondary students, supporting
food security for 2.2 million people, and extending financial services to about
750,000 people.
According to the report, around 1.1 million people benefited
from improved sanitation services, 30.3 million people gained access to
improved services and safe rail transport, and 8 million people in Upper Egypt
benefited from improved infrastructure services.
Investing in Human Capital
The report reviewed joint efforts to strengthen investment
in human capital and social protection through health and education projects,
noting that the “Takaful and Karama” program is one of the most prominent joint
programmes implemented with Egypt, which has contributed over the past years to
providing cash support and protection to millions of families, As of June 2025,
the program had reached 5.2 million households representing approximately
nearly 17 million individuals, 75% of whom are women. These transfers help
create greater resilience to shocks such as climate change, the COVID-19
pandemic, and the economic impacts of regional and global crises.
The report also referred to cooperation with the government
in implementing presidential health initiatives, including the nationwide
campaign “100 Million Healthy Lives” to eliminate Hepatitis C.
Job Creation
According to the report, through the “Catalyzing
Entrepreneurship for Job Creation” project, economic opportunities have been
expanded for Egyptians, particularly women and youth, by providing financing to
small and medium enterprises (SMEs), innovative startups, and high-growth
companies. The project has created more than 400,000 jobs and supported over
200,000 beneficiaries — 43% of whom are women and 43% youth.
Diagnostic Reports
According to the World Bank report, economic analyses and
diagnostic reports are one of the most prominent areas of cooperation with the
government, as they contribute to improving government policies and enhancing
evidence-based decision-making, and several reports have been completed in this
regard, including the “Public Expenditure Review for Human Development Sectors
in Egypt.”
Renewable Energy Sector
The report presented the partnership between the government
and the World Bank in the field of renewable energy, explaining that
collaboration with the International Finance Corporation (IFC) and the
Multilateral Investment Guarantee Agency (MIGA) supported the the establishment
and implementation of the “Feed-in Tariff” policy, which opened the market for
private sector participation in energy production and led to the establishment
of the Benban Solar Park with a solar generation capacity of 1,465 MW.
The partnership between Egypt and the World Bank Group has
resulted in significant achievements in Egypt's Sustainable Development Goals
(SDGs). While much has been achieved, more remains to be done. The World Bank
Group remains committed to continuing its support for Egypt’s journey towards
improving the lives of its people.
It is noteworthy that the current Egypt–World Bank partnership portfolio includes 13 ongoing projects with total financing of $6.5 billion.
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