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Home Breaking News

Egypt, OECD discuss next phase of economic co-operation

by Gazette Staff
May 4, 2026
in Breaking News, Business, Egypt
PM-Cormann
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Egypt’s Prime Minister Moustafa Madbouli met with the Secretary-General of the Organisation for Economic Co-operation and Development (OECD), Mathias Cormann, on the sidelines of a high level conference marking the end of the first phase of Egypt-OECD Country Programme.


The event was held in the Administrative Capital, in co-operation with the Ministry of Planning.
The meeting was attended by Egypt’s Foreign Minister Badr Abdel-Aati, Minister of Planning, Ahmed Rostom, along with several OECD officials.

Madbouli lauded the solid co-operation between Egypt and the OECD, highlighting Egypt’s active role in several OECD committees, its membership in the Development Centre, and its co-chairmanship of the MENA-OECD initiative.


He welcomed the completion of the first phase of the country programme, noting the progress achieved in supporting Egypt’s structural economic reforms.


The programme has contributed to advancing Egypt’s Vision 2030 for sustainable development, improving economic performance, and strengthening resilience in the face of regional and global challenges, he said.


Prime Minister Madbouli also expressed Egypt’s interest in launching the 2nd phase of the progamme, asserting continued co-operation to support national development goals.


He further welcomed Egypt’s participation in the OECD Committee on Small and Medium Enterprises and highlighted the importance of co-chairing the MENA-OECD Initiative for the 2026–2030 period.


For his part, OECD’s Cormann commended Egypt’s reform efforts and emphasised the importance of maintaining the current momentum in bilateral co-operation.


Egypt’s reforms have helped it navigate the economic impacts of regional developments and expressed hope for further steps toward closer engagement with the organisation, he noted.


Egypt’s FM, Abdel-Aati, reaffirmed the importance of the country programme, describing it as a key pillar in supporting economic reforms, boosting resilience, and sustaining positive growth despite ongoing global and geopolitical challenges.

Tags: Economic cooperationEgyptOECD
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