Egypt, Sudan and Ethiopia discuss arrangements for the creation of a tripartite fund



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Friday, 06 July 2018 – 09:34

High-level delegations from Egypt, Sudan and Ethiopia held meetings to discuss ways to create a tripartite fund for the financing of development projects and investment. CBE) announced in a statement Thursday

held on July 3, 4 at the headquarters of the Central Bank of Egypt, meetings addressed issues such as the structure of the fund, its objectives, governance, management as well as the size of the fund

Delegations agreed to establish liaison points between each State to increase consultation between them in the coming weeks before the second round of meetings.

Egypt welcomes the forthcoming round of meetings of the General Assembly of African Central Banks to be held in Sharm el-Sheikh from 5 to 9 August.

MENA

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