Egyptian Minister of Planning, Economic Development, and International Co-operation Rania Al-Mashat unveiled on Wednesday Egypt’s Integrated National Financing Strategy (E-INFS) during a high-level event under the patronage of Prime Minister Mostafa Madbouli.
The strategy, the first of its kind in the country, aims to bridge financing gaps, enhance resource allocation, and align with the Sustainable Development Goals (SDGs) under Egypt’s Vision 2030 and the Addis Ababa Action Agenda.
Al-Mashat outlined that the strategy reflects the global Integrated National Financing Framework (INFF), with over 86 countries having adopted similar frameworks. The initiative is advanced in collaboration with key UN partners, including the United Nations Joint Fund for Financing the SDGs, UNDP, ILO, UNICEF, UN Women, and others.
The strategy seeks answers to critical questions about the financing required to achieve the SDGs, current financial flows, and opportunities to mobilise and diversify funding sources.By fostering private sector investments, aligning public-private financing with national priorities, and expanding public-private partnerships, the roadmap ensures the mobilisation of local and international resources, with priority sectors spanning social protection, education, healthcare, transportation, women’s empowerment, and climate change, according to the Ministry statement. Notably, the roadmap simplifies regulations, enhances governance, and incorporates innovative financing tools such as sustainability bonds and Islamic finance sukuk.
Al-Mashat emphasised the government’s commitment to reforms, such as tax and debt reforms, to improve fiscal sustainability and attract foreign direct investment.
The strategy also integrates the roles of the Ministry of Planning, Economic Development, and International Cooperation to unify development goals with national financing priorities, enhancing public expenditures’ efficiency. Through the NWFE programme and the Financing for Development Working Group, Egypt signals its dedication to mobilising domestic and international resources efficiently.
Al-Mashat concluded by underscoring the global importance of integrated national financing frameworks, especially as debt pressures in developing countries escalate, providing a strategic avenue for financial sustainability and resilience.
