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Egypt, Arab Republic of - Mortgage Finance Project (الإنجليزية)

Ratings for the Mortgage Finance Project for Egypt were as follows: outcomes were moderately unsatisfactory, the risk to development outcome was high, the Bank performance was moderately unsatisfactory, and the Borrower performance was moderately satisfactory. Some lessons learned included: this project is a stark reminder that housing finance is embedded in the broader financial markets, economy, and political situation of a country. The social upheavals...
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