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.

Artigos relacionados

The Cairo International Book Fair 2026 hosted Rania Al-Mashat, Minister of Planning, Economic Development and International Cooperation, in a seminar organized by the NAWA Foundation on 'Egypt’s Narrative for Comprehensive Development: Reforms for Growth, Jobs and Resilience.' Moderated by Abdel Moneim Said, the event gathered economists, professors, and visitors to examine the country's integrated development framework. Al-Mashat explained how the Narrative integrates Egypt Vision 2030 with the Government Program to address global economic shifts since 2020.

Reportado por IA

Egypt is seeking to align international development support with state fiscal reform priorities to maximise the effectiveness of technical and financial aid, Deputy Finance Minister for Fiscal Policy Yasser Sobhi said on Saturday. Speaking at the third annual meeting of the Public Financial Management coordination committee, Sobhi stated that the ministry is committed to completing its management development path by deepening cooperation with international partners. This coordination aims to support the implementation of reform efforts, stimulate economic growth, and improve the efficiency of public services and social protection programmes.

Ahmed Rostom, Egypt's Minister of Planning and Economic Development, met with Abdel Aziz Al Mulla, Executive Director for Arab countries at the World Bank, and Hisham Seif, Alternate Executive Director, to explore ways to deepen cooperation between Egypt and the World Bank Group. The meeting supports Egypt's path toward comprehensive and sustainable development and the goals of Egypt Vision 2030. Discussions focused on development financing and employment programs.

Reportado por IA

Hassan Abdalla, Governor of the Central Bank of Egypt, met Kristalina Georgieva, Managing Director of the International Monetary Fund, to discuss progress on Egypt's economic reform programme. The meeting occurred on the sidelines of the 10th Arab Public Finance Forum in Dubai. Discussions centered on bilateral cooperation and the country's latest macroeconomic indicators.

 

 

 

Este site usa cookies

Usamos cookies para análise para melhorar nosso site. Leia nossa política de privacidade para mais informações.
Recusar