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Japan invests $336m in Egypt’s health insurance system

by WAYA Staff - Mar 29, 2023
Japan invests $336m in Egypt’s health insurance system

Egypt, JICA signed a US$335.5 agreement to develop the Universal Health Insurance System, according to a statement by Finance Ministry.

“The agreement aims to enhance the efforts of comprehensive health coverage in Egypt and help complete the UHIS’ objectives in the next seven years, according to pre-set timetables,” Maait said in a statement.

JICA, the World Bank (WB), the World Health Orgnisation (WHO) and French Development Agency (AFD) pledged to offer Egypt with US$1 billion to finance the country’s Universal Health Insurance System.

In December 2022, JICA approved a $301 million loan to Egypt for developing the country’s fourth metro line in December 2022.

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