Partnerships remain a crucial component of the strategy. The CPF will be supported through a financial envelope of US$7 billion in lending (US$1 billion per year from IBRD and about US$2 billion during the entire CPF period from IFC), in addition to guarantees from MIGA. The CPF will be implemented jointly by the World Bank, the International Finance Corporation (IFC), and the Multilateral Investment Guarantee Agency (MIGA), building on the three institutions’ current portfolios and adopting a flexible approach to lending. Through the CPF the World Bank Group will also continue to support Egypt’s ambitions to lead the climate mitigation and adaptation agenda in the region, following its presidency of COP27.Īdditionally, the CPF aims to integrate two cross-cutting themes-governance and citizen engagement, and women’s empowerment- across programs. The CPF also intends to strengthen Egypt’s role in regional integration, which has positive implications for Egypt and potentially the broader region through enhanced regional trade and greater connectivity in infrastructure, transport, energy, and labor. Improved resilience to shocks: through strengthened macroeconomic management, and climate change adaptation and mitigation measures. Enhanced human capital outcomes: through supporting the provision of inclusive, equitable and improved health and education services as well as effective social protection programs.ģ. More and better private sector jobs: through supporting the creation of an empowering environment for private sector-led investments and job opportunities as well as creating a level playing field for the private sector.Ģ. The CPF seeks to accomplish its objectives by achieving three high-level outcomes:ġ. The CPF builds upon a strong set of World Bank Group analytics, including the Systematic Country Diagnostic, the Country Private Sector Diagnostic and the Country Climate and Development Report. The new CPF aligns with the Government of Egypt’s Sustainable Development Strategy (SDS), “Egypt Vision 2030,” and the National Climate Change Strategy (NCCS) 2050. Therefore, in the interest of the player, producing goods for export at prices that will be able to change dynamically depending on the geopolitical situation, will be required.The World Bank Group Board of Executive Directors approved the new Country Partnership Framework (CPF) for Egypt, laying out the World Bank Group’s strategy in the country for FY2023–2027. Without it, it is very difficult for economic stability built solely on taxes. Trade is the most important element in royal treasury. Neglecting this sphere may result in a dangerous social unrest on a par with e.g. The main aspect of religion will be satisfying the need for access to the places of worship, providing supplies for temples or organizing festivals. Moreover, the total lack of obedience to the rulers may end up with a civil war.ĭeity will be able to interfere with daily life but it will be done implicitly. A series of wrong choices can cost the loss of trading partners and low interest in the city by settlers. Costly expeditions, Pharaoh and other cities requests, military threat and a mixture of different cultures will be a commonplace. The governor will face very difficult choices to be made in a constantly changing political environment. Well-designed city will greatly improve economic efficiency which may convert into city income. The most important aspect is the skillful management of urban planning by shaping the grid of streets, placing buildings and their mutual relation. The story starts in a little-known protodynastic period in which you will be able to observe the birth of the Old Egypt and finished with the death of Cleopatra VII. About This Game Builders of Egypt: Prologue is an economic type of city-building taking place in the valley of the Nile.
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