World Bank hopes to continue Egypt programs

The World Bank hopes to continue its programs in Egypt following the military ousting of the country’s first democratically elected leader, bank president Jim Yong Kim told reporters on Thursday during a visit to Chile. “The bank, which Kim said has a $4.7 billion loan program for Egypt, is still trying to understand the situation in the country,” he added. “Our hope is that we’ll be able to continue with our programs to provide essential services and essential support,” said Kim. “We really urge everyone to stay calm and to have a dialogue, and to move as quickly as possible to having real elections,” he added.