Egypt’s Minister of Planning, Rania Al-Mashat, unveiled a new operational framework for economic development on Friday. The framework aims to streamline planning, development, and international cooperation to achieve sustainable growth.
The announcement came during a meeting with AbdulHakim ElWaer of the FAO, Cristina Albertin from UNODC, and various other representatives from organizations like UNICEF, WHO, Islamic Development Bank, World Bank, and UN Women.
Al-Mashat emphasized the importance of data-driven policymaking, highlighting the provisions of the new Planning Law of 2022. She outlined the government’s public investment governance strategy, which allocates significant funds to human and social development, industrial development and infrastructure, and local development.
The minister also discussed an integrated national development financing strategy, developed in collaboration with the UN, which focuses on priority sectors like social protection, education, health, and climate change.
The gathering, which included UN Resident Coordinator Elena Panova and representatives from around 20 UN agencies, as well as key figures from the World Bank and the Islamic Development Bank, focused on reviewing the framework, governance of investment expenditure, and future priorities to enhance economic development efforts.
