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President Abdel Fattah El Sisi issued a decree on Monday 11/3/2019 approving a $1 billion loan from the World Bank for carrying out development policies of the private sector.
The deal was inked on December 9, 2018 by the Egyptian government and the World Bank.
The House of Representatives approved the agreement during its session on January 29, 2019.
The presidential decree was published in the official gazette.