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CommentMarch 26 2018

Why MENA makes sense for the EBRD

Where once post-Communist countries attracted the lion’s share of European Bank for Reconstruction and Development investment, destinations such as Turkey and Egypt now dominate, signalling a change of focus south and east of the Mediterranean. 
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The 27th annual meeting of the European Bank for Reconstruction and Development (EBRD) in Jordan underlines the evolution of the bank – and where its future lies.

From a development institution focused on rebuilding post-communist countries – especially in central and eastern Europe and the former Commonwealth of Independent States – 2018’s EBRD has a broadened scope. This includes Turkey and the 'southern and eastern Mediterranean' – others might call it parts of the Middle East and north Africa – comprising Egypt, Jordan, Lebanon, Morocco, Tunisia, as well as the West Bank and Gaza.

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