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Submitted by Dr. Mohamed Taher Abdelrazik Hamada, Ph.D on

Flexibility with guarantees from the World Bank helped to expose the developing countries to wide
markets that enable them to get the right choices in their infrastructure projects , as it is clear in ppps
(pubic private partnership projects) , even if loan /credit is a cheaper way among choices than the World
Bank guarantees , but it is evident that guarantees through the World Bank enable the emergng markets to reduce fiscal risks.
Yours Very Respectfully,
Dr. Mohamed Taher Abdelrazik Hamada, Ph.D