Egypt’s NIGSD disuses global governance indicators with a World Bank‘s senior official
15 January 2021
The National Institute for Governance and
Sustainable Development (NIGSD) - the training arm of the Ministry of Planning
and Economic Development - held recently an interactive session via the video
conference feature; It was hosted by Mr. Aart Kraay, Director of Development
Policy in the Development Economics Vice Presidency and World Bank Group Deputy
Chief Economist to talk about the six global governance indicators.
The six global governance indicators
include voice and accountability, political stability, absence of violence,
government effectiveness, regulatory quality, law enforcement, and control of
corruption.
The interactive session dealt with what the
National Institute for Governance and Sustainable Development can offer to
implement governance reforms in the state’s administrative apparatus, as well
as strengthening the partnership between the private sector and civil society
on the one hand and the government on the other hand.
In this context, Dr. Hala El-Said, Minister
of Planning and Economic Development and Chairperson of the Board of Trustees
of NIGSD emphasized that governance ultimately increases confidence in the
national economy, deepens the role of the money market, increases its ability
to mobilize savings and raise investment rates.
El-Said added that governance also seeks to
preserve the rights of the minority or small investors, noting that governance
also encourages the growth of the private sector and supports its
competitiveness, thus creating decent job opportunities, and also contributes
to fighting corruption and the emergence of a capable and effective public
sector that provides community service and provides high rates of growth.
Meanwhile, Dr. Sherifa El-Sherif, Executive
Director of the National Institute for Governance and Sustainable Development
said that the cooperation between the Institute and the World Bank comes within
the framework of assessing the state of governance in Egypt.
She explained that NIGSD is implementing
the state of governance through building the capabilities of its employees as
well as building the capacities of workers and those interested in developing
and implementing governance policies in the state’s administrative apparatus,
the private sector, and civil society.
El-Sherif stated that NIGSD, in its new
form, is entrusted with monitoring Egypt's classification about governance and
sustainable development indicators, in addition to supporting Egypt's position
in the classification by developing relevant strategies and action plans.
