Mashat: Coordination with global partners crucial to macroeconomic stability
Egyptian’s Minister of Planning, Economic Development, and International Co-operation Rania al-Mashat has initiated a series of high-level meetings with development partners to discuss mutual investment portfolios and future priorities.
This step follows the recent integration of the Ministry of Planning with the Ministry of International Co-operation. The objective is to implement the strategic priorities of the government’s 2024/25-2026/27 programme, focusing on enhancing economic and social development, improving governance of public investment, and expanding opportunities for private sector participation.
The minister met today with Ambassador Christian Berger, Head of the European Union (EU) Delegation to Egypt.
Discussions covered strategic co-operation priorities based on the longstanding partnership between Egypt and the EU. The talks covered ongoing projects within the EU portfolio, future programmes concerning grants and investment guarantees, and mechanisms for strengthening macroeconomic stability.
During the meeting, Mashat stressed the close co-operation with the EU as one of the main development partners, highlighting our long-standing economic partnership. She said that the current stage is witnessing an exceptional development in the relationship with the EU, especially given that the current period is also witnessing coordination with international partners to arrange future priorities to meet the requirements of the state’s investment plan.
Mashat stressed the role played by the EU and other development partners in supporting the state’s efforts within the framework of the economic and social development plan, by providing grants, soft financing and technical support for many projects being implemented in various governorates. This covers many sectors including: housing and utilities, energy, environment, local development, supply, health, capacity development, and other areas.
