Egypt’s Al-Mashat engages with global leaders about development, investment, empowerment

News Agencies

Egypt’s Minister of Planning, Economic Development and International Cooperation Rania Al-Mashat continued a series of meetings with government officials, private sector representatives, and international institutions during her participation in the 79th session of the United Nations General Assembly (UNGA) and the “Summit of the Future” in New York.

Al-Mashat met with Mohamed Ould Cheikh El Ghazouani, the Mauritanian Minister of Oil and Energy, to discuss the new government’s priorities, which include building a competitive economy that attracts investment, improving the business environment, and stimulating the transition to a green economy. They also discussed coordination with international institutions to advance development efforts in Africa, as part of broader efforts to restructure the global financial system.

She also met with Zeina Toukan, the Jordanian Minister of Planning and International Cooperation, to discuss strengthening cooperation between the two countries. Al-Mashat highlighted the importance of their close relationship and emphasised the need to enhance partnerships in the economic, investment, and commercial spheres, including through the Egyptian-Jordanian Joint Higher Committee, which held its 32nd session last May.

She also outlined Egypt’s efforts to improve the efficiency of public spending and increase private sector engagement. Al-Mashat highlighted a new framework for promoting sustainable economic growth, which is based on three key pillars: evidence- and data-based policies, enhanced macroeconomic stability, and structural reforms to increase competitiveness and improve the business environment.

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