149 projects to finance investment in human capital

Dr. Rania Al-Mashat, Minister of International Cooperation, said that during the era of President Abdel Fattah El-Sisi, Egypt has taken successive and consistent steps to implement the seventeen sustainable development goals, through the National Vision 2030, which includes many sectoral strategies its umbrella that enhances the implementation of these goals.

She pointed out that she has always had the citizen in mind, especially the National Human Rights Strategy, launched last year by President Abdel Fattah Al-Sisi, which reflects the principles of the constitution in a clear vision of the dignity of the Egyptian citizen and consolidates the principles of equality and justice, in addition to the national strategy for the empowerment of women, and plans to empower youth and children’s rights, as well as plans and strategies aimed at achieving development in all sectors.

This happened during a meeting of the Minister of International Cooperation with the Human Rights Committee today in the House of Representatives, chaired by Representative Tariq Radwan, and in the presence of Representative Mohamed Abdel Aziz, the Committee’s Deputy, and members of the Human Rights Committee. .

She pointed out that international institutions have seen the boom that has been achieved over the past seven years at the level of all development axes in Egypt, as projects have been implemented in various sectors of the state that have not materialized over the decades. makes a qualitative change in the lives of more than half of the population of the Arab Republic of Egypt, living in 4,500 villages.

The Minister of International Cooperation reviewed the ministry’s role and tasks in the development of economic cooperation relations with multilateral and bilateral development partners, in accordance with Republican Resolution No. 303 of 2004, which comes within the framework of the state’s vision 2030 and the Egyptian government’s program “Launch Egypt”, explains that the ministry has summarized the tasks. It implements three principles of economic diplomacy: the platform for joint coordination, compliance with development finance with the UN Sustainable Development Goals, and documentation of Egypt’s development stories.

Al-Mashat also reviewed the interactive meetings held by the Ministry of International Cooperation, which include multilateral and bilateral development partners, and relevant authorities, to discuss future priorities at the level of international partnerships, in line with the National Development Agenda 2030, and note that these meetings come within the framework of coordination and integration between all related parties; To ensure the effective impact of international partnerships, in a way that enhances the state’s development efforts.

Al-Mashat said that over the past two years, the Ministry of International Cooperation has developed a framework for international cooperation and development finance, to maximize the benefit of working together with development partners, ensuring the consistency of projects with national priorities and sustainable development. . goals, and improve the management of development cooperation to implement projects effectively.To put national priorities into practice, the Ministry of International Cooperation has implemented a pioneering experiment based on the standards and methodologies of the United Nations and the Organization for Economic Cooperation and Development, by means of which development funds are appropriate with the sustainable development objectives, to accurately determine the contribution of these funds to the implementation of the country’s vision to achieve the UN objectives.

She noted that the joint co-ordination co-operation platform played a major role during the Corona pandemic, in which successive meetings were held, bringing together development partners, institutions and national ministries to present development plans and priorities in the light of the conditions set by the Corona pandemic during 2020, and through matching funding Development with the UN’s Sustainable Development Goals The Ministry’s current portfolio, which amounts to about 26 billion dollars, includes 377 projects, according to each of the sustainable development goals, in order to to achieve detailed vision of the return from development finance.

She stated that the Ministry of International Cooperation worked within the framework of the government’s program and the strategic objective “Building the Egyptian Person” to promote investment in human capital as a key focus in all multilateral and bilateral strategies. development partners have been prepared, and recently the country strategy was launched with the European Bank for Reconstruction and Development 2022-2027, and among its objectives is the achievement of inclusive and sustainable economic growth by supporting efforts to develop human capital and women, girls and youth empowerment, and is currently working in coordination with relevant parties from relevant ministries, civil society and the private sector to develop joint strategies with the United Nations and the Development Bank of the African Union, the United States International Development Agency and the World Bank. prepare.

Al-Mashat talked about the funds that the ministry agreed on in the years 2020 and 2021, which amounted to about $ 20 billion, with $ 9.8 billion during 2020, while the development funds amounted to $ 10.2 billion in 2021, and many benefited from these funds. found. Among the development sectors, including transport, renewable energy, electricity, infrastructure, health, housing, water treatment, financing the purchase of wheat and building silos, and other priority sectors for the state, noting that the private sector’s share of financing during the two year is about $ 5 billion, part of which is financing and lines of credit to banks. The other part is contributions from international institutions in private companies.

Al-Mashat revised the percentage of development funding for each sector out of the total of different development funds during 2021, which amounted to $ 8.7 billion, of which 18% is for agriculture, irrigation and food security, 13% for transport and communications, 12%. for energy, and 19% for budget support.

Al-Mashat added that there are 149 projects to finance investment in human capital, with a total of $ 5.5 billion, with funds for education and scientific research amounting to $ 1.8 billion, entrepreneurship and small businesses 1.2 billion, and health $ 9.7 million. $ 625 million, agriculture and food security $ 625 million, and social protection $ 962 million.

Al-Mashat referred to $ 18.5 billion in development funds for 111 infrastructure projects, including transportation, housing, energy, irrigation and local development.

Al-Mashat has touched on the funds related to youth support, according to the prescriptions of the President of the Republic, where the Ministry of International Cooperation includes in its portfolio 67 projects related to youth with a total of $ 3.9 billion in various sectors of the state, including housing, education, entrepreneurship, small, medium and micro enterprises, and transformation Digital, social protection, innovation and scientific research.

The Minister of International Cooperation pointed to the belief of the political leadership in Egypt in the essential role of women in society and in achieving development, therefore President Abdel Fattah El-Sisi declared 2017 to be the year of women and the National Strategy for Women’s Empowerment launched. 2030, representing an umbrella for all of Egypt’s partnerships with development partners regarding programs and agreements to support the role of women’s economic and social status.

Al-Mashat said in light of the government’s commitment to the transition to a green economy and combating climate change, the role of women is prominent in this regard, so the government encourages entrepreneurship and the work environment for start-ups in all areas. and addresses the challenges that also prevent women entrepreneurs from developing their businesses so that they can find innovative solutions to meet economic challenges.

Al-Mashat added that the empowerment of women is one of the main objectives of the Ministry of International Cooperation’s cooperation with multilateral and bilateral development partners, and only for that, last year, in cooperation with the National Council for Women and the World Economic Forum, a catalyst to bridge the gender gap, notes that Egypt has thus become the first country in Africa and the Middle East and North Africa region to launch this catalyst, with the aim of bridging the gender gap in the work areas bridge. in partnership between the public and private sectors and civil society.

Regarding Sinai development projects, Al-Mashat said that international partnerships contribute to the implementation of the government’s ambitious program for the development of the Sinai Peninsula, where about 150 towns in the Sinai Peninsula benefit from development funds from Arab funds, by 2,600 new homes, recycling and cultivation of 18,000. A feddan and basic services that benefit more than 558,000 citizens, and note that the development funds signed with the Arab funds for the development of the Sinai Peninsula about $ 804 million, in the sectors of water desalination, infrastructure, education and drainage, in a way that promotes efforts to achieve sustainable development.

In turn, Representative Tarek Radwan, Head of the Human Rights Committee in the House of Representatives, praised the efforts of the Ministry of International Cooperation, led by dr. Rania Al-Mashat, praising and emphasizing that the ministry is making efforts in the file of international cooperation that are seen as weapons of confrontation lies abroad, adding that there are challenges facing the Egyptian state that require joint cooperation between the two parties required, Parliament and the government.

Deputy Mohamed Abdel Aziz, Undersecretary of the Human Rights Committee, stressed that the Ministry of International Cooperation plays a major role with international financial institutions in bridging the funding gap in Egypt.

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