WASHINGTON -- World Bank officials have invited the leadership of regional development banks to meet here on April 14 to devise economic policies to help Egypt, Tunisia and other Middle Eastern nations trying to make transitions to democracy, according a senior World Bank official.
The session comes as officials from the U.S., Europe and the Middle East are working on programs to help Middle Eastern countries make up temporary shortfalls caused by a drop in tourism and other economic turmoil. They are also investigating policies to promote employment, especially among college-educated young people who have been the vanguard of some protests sweeping the region.
The official didn't specify which regional development banks will participate, but the invitees likely include the African Development Bank and the European Bank for Reconstruction and Development, which helped revive eastern Europe after the fall of the Berlin Wall.
A meeting of economic officials from the Group of 7 industrialized nations, also scheduled for April 14 in Washington, also will discuss Middle Eastern issues, said several officials involved in the meeting.
The International Monetary Fund is dispatching a team to Cairo to discuss Egypt's economic problems. An Egyptian economic official said Egyptian officials expect to discuss economic issues in Washington during the spring meetings of the IMF and World Bank in Washington in April.
Write to Bob Davis at bob.davis@wsj.com
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