Minister of Investment and International Cooperation, Sahar Nasr on Wednesday reviewed recent developments in Egypt with World Bank delegation, during their visit to Cairo. Nasr affirmed to the WB delegation that Egypt works on implementing the economic and social development programs, in order to achieve the economic growth and meet the needs of citizens. The delegation reviewed with Nasr the results of its visit to several ministries, to follow up procedures Egypt took to improve its ranking on Doing Business, where it praised the efforts of Egyptian government to reform economy. The meeting discussed the procedures of each ministry to prepare for Doing Business report that will be issued by the end of May. Egypt had launched a program to improve the investment atmosphere and attract more foreigner investors, according to the consultation of WB and recommendation of International Monetary Fund (IMF). In late 2016, Egypt signed a $12 bln loan over three years to raise its foreign reserves and start development projects.