USD 520 mn guarantee facility heads to the World Bank board in December

A World Bank project document has filled in the missing details on the USD 520.38 mn infrastructure guarantee facility we reported on last week disclosure Project Information Document (pdf)

It also sets out the ownership structure:

The mandate has grown more specific.

Why it matters: shift the OECD has been pushing already cut its sovereign guarantee ceiling to EGP 560 bn for FY 2026/27 50% of Egypt’s EGP 6.2 tn in guarantees first climate fiscal risk statement