Ex-Ante Evaluation (for Japanese ODA Loan) Private Sector Investment Finance Division,Loan Agreement • July 7th, 2021
Contract Type FiledJuly 7th, 2021There are approximately 3.74 million private business enterprises in Egypt, and the vast majority of these are accounted for by approximately 3.65 million Micro, Small and Medium Enterprises (hereafter referred to as “MSMEs”), of which 94% are micro enterprises, 5.9% are small enterprises, and 0.1% are medium enterprises (Egypt’s Central Agency for Public Mobilization and Statistics, April 2020). MSMEs account for 25% of the GDP, 72% of total employment (9.7 million people), and play a major role in Egypt’s economy (2019).