CAIRO, Sept 29 Egypt wants to receive the second
tranches of World Bank and African Development Bank (ADB) loans
before the end of this year, Prime Minister Sherif Ismail told
Reuters on Thursday.
Egypt received $1 billion earlier this month, the first
tranche of a $3 billion three-year loan from the World Bank
aimed at supporting the government's economic reform program.
It also received $500 million from the ADB, the first
tranche of a $1.5 billion package. It is due to receive the
second $500 million tranche by the end of the year.
Asked if the second tranches would be received before the
end of the year, "we are seeking for it to (arrive) before
then," Ismail said.
(Reporting by Ehab Farouk, writing by Asma Alsharif; Editing by