World Food Programme, Egypt Agree on $431 Mln, 5-Year Strategic Partnership

by nevine

Egyptian Central Bank Governor Hassan Abdallah delivered a speech at the annual session of the Executive Board of the UN World Food Programme (WFP) on Friday, outlining Egypt’s new strategic plan for 2023-2028.

WFP’s new national strategic plan (CSP) with Egypt is expected to cost $431 million from July 2023 to June 2028.

Abdallah highlighted Egyptian government’s reform efforts aimed at improving food security and nutrition integration at the national level in collaboration with ministries and government entities.

He further said that the 2023–2028 CSP would focus on supporting the agriculture sector, the fostering of improved financial inclusion and economic empowerment for rural women, improving the self-reliance and income-generating capacity of smallholder farmers, the provision of humanitarian assistance to refugees.

The CSP aligns with Egyptian government’s sustainable development priorities and will operate in synergy with Egypt’s flagship programme Haya Karima (meaning decent life), the central bank governor noted.

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