Egypt, May 8 -- The World Bank Group has approved US$1 billion in financing to support Egypt's efforts to boost private sector-led job creation, strengthen macroeconomic and fiscal resilience, and advance its transition to a greener economy. The financing includes a US$200 million credit guarantee from the United Kingdom.After two years of successive external shocks, Egypt has undertaken a series of reforms that have helped the country move into a stabilization phase. Measures such as exchange-rate unification, a stronger commitment to fiscal discipline, and significant tax policy and administration reforms have contributed to rebuilding external buffers, moderating inflation, improving market sentiment, and gradually supporting a recovery ...