In its annual meeting held in October, the European Bank for Reconstruction and Development (EBRD) approved its next five-year strategy, putting Egypt as the bank’s biggest investment country through 2025.

During her visit to Egypt in November, Managing Director for the EBRD’s Southern and Eastern Mediterranean (SEMED) region Heike Harmgart shared with Ahram Online in an exclusive interview the key pillars of the bank’s new strategy and how Egypt is expected to benefit from the scheme.

She also unveiled the amount of finances Egypt has received from the bank since the onset of the pandemic, including the private sector and the banking system.

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