NEW YORK – Egyptian Minister of Planning, Economic Development and International Co-operation Rania al-Mashaat said the Integrated National Financing Framework (INFF) in Egypt provides an all-out strategy meant to enhance sustainable development in line with the National Agenda for Sustainable Development and Egypt Vision 2030.
During the launching of the INFF Monday, on the sidelines of a high-level event organised by Egypt entitled “Exploiting Innovative Financing Tools to Accelerate Sustainable Development: A Roadmap Towards Equitable Development Financing,” the minister said the strategy focuses on mobilising sustainable financing to bridge the financing gap.
The event is being held in co-operation with the United Nations Development Program and the European Union as part of activities of the “Future Summit” within the High-Level Week of the United Nations General Assembly and the 79th session of the Assembly.
The strategy is supported by international organisations, including the International Labor Organization, UNCTAD, UNICEF, UN Women, and the United Nations Joint Fund for Sustainable Development Goals, the minister said.
According to Mashat, the strategy is a commitment towards achieving comprehensive economic development, improving citizens’ living standards, and developing skills across multiple fields through serious economic and structural reforms.
It also targets seven main sectors that have been identified as national priority sectors by the Egyptian government, she added.