Tomorrow, The Ministry of Planning, Economic Development and International Cooperation launches Egypt's Integrated National Financing Strategy

Under the Patronage of H.E. Dr. Mostafa Madbouly, Prime Minister
 
Tomorrow, The Ministry of Planning, Economic Development and International Cooperation launches Egypt's Integrated National Financing Strategy

 

Under the patronage of H.E. Dr. Mostafa Madbouly, Prime Minister, the Ministry of Planning, Economic Development, and International Cooperation will launch the Egypt's Integrated National Financing Strategy (E-INFS) tomorrow, Tuesday in partnership with the United Nations and the United Nations Development Program (UNDP), as part of efforts to enhance the sustainability of financing for the implementation of Egypt's Vision 2030 and the Sustainable Development Goals (SDGs).

 

H.E. Dr. Rania Al-Mashat, Minister of Planning, Economic Development, and International Cooperation, announced Egypt's Integrated National Financing Strategy during the United Nations General Assembly High-Level Week and Future Summit in New York last September.

 

Egypt's Integrated National Financing Strategy aims to strengthen the partnership with the United Nations Organization and relevant entities to bridge the SDG financing gap and create an integrated national framework that includes various sources of development financing by integrating global best practices with national solutions for financing development.

 

The event will include a number of panel discussions, including one titled "Egypt's Integrated National Financing Strategy: The Roadmap for Sustainable Financing in Egypt," and another titled "Next Steps: Implementation and Governance of the Integrated National Financing Framework.", followed by comments from several ministers and officials concerned with financing issues in Egypt.

 

It is worth noting that the Egyptian government, represented by the Ministry of Planning, Economic Development, and International Cooperation, in partnership with the United Nations Resident Coordinator's Office in Cairo, signed the "Egypt SDGs Financing Strategy" project in March 2021 with the support of the United Nations Joint Fund for Sustainable Development Goals, as the project aims to come up with the first "Egypt's Integrated National Financing Strategy," and create momentum and dialogue on development financing issues within the Egyptian government and society as a whole, in addition to build national capacities on how to analyze financial flows, determine the cost and then the financing gap in specific sectors, and provide a practical model on how to prepare an Integrated National Financing Strategy enabling the state to update and expand it to include all sectors.