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UK to provide £25m to boost Egypt's economic development

The United Kingdom and Egypt announced the establishment of an economic partnership to implement Egypt’s Vision 2030 initiative.

Egypt and the United Kingdom are seeking to improve education and health care as well as promote trade and investment.

According to the partnership, the UK announced it would provide Egypt with £13 million to help accomplish comprehensive economic growth, empower youth, social development, support the neediest groups and develop the business environment.

Also within the framework of this partnership, to support financial inclusion, the Uk will grant Egypt £3 million and about £8 million to increase employment opportunities for young people through developing capacity building programs and supporting the development of the higher education system.

Also Read: UK-Africa Investment Summit 2020

The statement also said that the two countries will work together to prepare technical studies and feasibility studies to implement a number of sustainable infrastructure projects to increase private sector …