Egypt and OECD Strengthen Cooperation for Sustainable Development

Dr. Rania Al-Mashat, Egypt’s Minister of Planning and Economic Development, held talks with OECD Secretary-General Mathias Cormann to enhance bilateral cooperation. Discussions focused on Egypt’s role in the MENA-OECD initiative, which promotes governance and competitiveness for development. Dr. Al-Mashat highlighted Egypt’s leadership in this initiative, which fosters regional dialogue and practical reforms. The ongoing country program with the OECD, extended until 2025, includes 35 projects aligned with Egypt Vision 2030. These projects aim to integrate international expertise into national strategies, supporting institutional reforms and sustainable development. Dr. Al-Mashat expressed hopes for actionable tools and plans to bolster development efforts. The OECD praised Egypt’s innovative use of developmental financing, particularly for the private sector, as a model for other nations. Discussions also covered Egypt’s potential accession to the OECD, marking a milestone for Arab and African countries.
— new from (almasdar.com)

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