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The Social Fund for Development (SFD) will sign Protocol of Cooperation with the World Bank and the International
Union tomorrow as part of the labor-intensive program.
Hanaa El Hilaly, director general of the Planning & International Cooperation Group at SFD, told Amwal Al Ghad that the World Bank will offer US$ 200 million and the International Union will offer US$ 100 million.
The labor-intensive program targets employment of people in all governorates in Egypt through a Protocol of Cooperation signed with a number of agencies and ministries in Egypt such as the Ministry of Agriculture.
The Social Fund for Development was ranked the sixth in Egypt in receiving foreign loans and grants.
