The Minister of Planning, Economic Development, and International Cooperation said the increasing development finance gap and climate action challenges represent significant challenges.
According to the State Information Services website, Minister Rania El Mashat said concessional development financing needs to be improved to bridge the increasing funding gap.
She made the remarks during her participation in the inaugural events of the Forum on Global Action for Shared Development in Beijing, which was hosted by the Chinese International Development Cooperation Agency (CIDCA).
Mashat delivered a speech at a high-level session titled “Joint Actions to Promote Sustainable Development.”
Dr. Mostafa Madbouly, Egypt’s Prime Minister, also addressed the forum virtually, representing Egypt.
