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US grants aid to Egypt’s economic reforms

by ChemOrbis Editorial Team -
  • 28/09/2017 (12:08)
According to media reports, Egypt and the United States signed new bilateral assistance agreements worth over $100 million. The new agreements are expected to mainly support the Egyptian Government’s economic reforms, which include private sector led growth and job creation.

A spokeswoman from the US Agency for International Development (USAID) stated that the new agreements are aimed to strengthen the cornerstones of stability and prosperity in Egypt.

USAID’s activities in Egypt have provided the Government nearly $30 billion since 1978.
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