Egypt showcases Masdar platform at UN financing forum

Egypt's Ministry of Planning and Economic Development highlighted its Masdar platform as a key tool for improving decision-making and directing financing to priority sectors at the UN Economic and Social Council Forum on Financing for Development in New York City.

Egypt's Ministry of Planning and Economic Development was represented by Mona Essam, Assistant Minister for Sustainable Development Affairs, who delivered the country's statement and joined high-level discussions, including the Country-led Dialogue on Integrated National Financing Frameworks (INFFs).

Essam stated that Egypt places development financing at the core of its national planning agenda, noting the launch of the Integrated National Financing Strategy (E-INFS) in 2025. The strategy seeks to create a comprehensive financing framework aligned with national priorities and the Addis Ababa Action Agenda, while improving coordination among stakeholders.

These efforts are supported by a strong legislative and institutional framework, including General Planning Law No. 18 of 2022, Unified Public Finance Law No. 6 of 2022, and the Financing for Development team established in 2021.

She emphasized that traditional financing tools are insufficient for growing needs, leading Egypt to adopt innovative mechanisms such as debt swap programmes and diversified sovereign bonds, including green bonds, Panda bonds, and Samurai bonds. Essam described the Masdar platform as an integrated, interactive database of sustainable development indicators that aids evidence-based policymaking and precise fund allocation.

The forum builds on momentum from the Fourth International Conference on Financing for Development. On the sidelines, the UN Department of Economic and Social Affairs launched the National Focal Points Network for Financing for Development, with Egypt participating as a member.

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