"Narrative Summit" Releases 2025 Recommendations to Cement Egypt's Position as a Global Tourism Destination    Egypt, S.Arabia step up trade ties through coordination council talks    Egypt reviews progress on $200m World Bank-funded waste management hub    Egypt urges Israel to accept Gaza deal amid intensifying fighting    Egypt, ADIB explore strategic partnership in digital healthcare, investment    SCZONE, Tokyo Metropolitan Government sign MoU on green hydrogen cooperation    Egypt welcomes international efforts for peace in Ukraine    Al-Sisi, Macron reaffirm strategic partnership, coordinate on Gaza crisis    Contact Reports Strong 1H-2025 on Financing, Insurance Gains    Egypt, India's BDR Group in talks to establish biologics, cancer drug facility    AUC graduates first cohort of film industry business certificate    Egyptian pound down vs. US dollar at Monday's close – CBE    Egypt's FM, Palestinian PM visit Rafah crossing to review Gaza aid    Egypt prepares unified stance ahead of COP30 in Brazil    Egypt recovers collection of ancient artefacts from Netherlands    Egypt harvests 315,000 cubic metres of rainwater in Sinai as part of flash flood protection measures    Egypt, Namibia explore closer pharmaceutical cooperation    Fitch Ratings: ASEAN Islamic finance set to surpass $1t by 2026-end    Renowned Egyptian novelist Sonallah Ibrahim dies at 88    Egyptian, Ugandan Presidents open business forum to boost trade    Al-Sisi says any party thinking Egypt will neglect water rights is 'completely mistaken'    Egypt's Sisi warns against unilateral Nile measures, reaffirms Egypt's water security stance    Egypt's Sisi, Uganda's Museveni discuss boosting ties    Egypt, Huawei explore healthcare digital transformation cooperation    Egypt's Sisi, Sudan's Idris discuss strategic ties, stability    Egypt to inaugurate Grand Egyptian Museum on 1 November    Greco-Roman rock-cut tombs unearthed in Egypt's Aswan    Egypt reveals heritage e-training portal    Sisi launches new support initiative for families of war, terrorism victims    Egypt expands e-ticketing to 110 heritage sites, adds self-service kiosks at Saqqara    Palm Hills Squash Open debuts with 48 international stars, $250,000 prize pool    On Sport to broadcast Pan Arab Golf Championship for Juniors and Ladies in Egypt    Golf Festival in Cairo to mark Arab Golf Federation's 50th anniversary    Germany among EU's priciest labour markets – official data    Paris Olympic gold '24 medals hit record value    A minute of silence for Egyptian sports    Russia says it's in sync with US, China, Pakistan on Taliban    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Egypt's documentation of international cooperation, development financing experience applauded
Published in Daily News Egypt on 05 - 07 - 2021

Several international institutions and development partners have commended the Ministry of International Cooperation's launch of the book, "Stakeholder Engagement through Economic Diplomacy", in collaboration with the London School of Economics (LSE).
The distinguished economic figures who participated in the launch event said that the book manifests Egypt's ownership and provides a model for the neighbouring countries to follow.
The book is the first of its kind to document Egypt's experience in international cooperation and development financing, as well as launching an institutional framework for economic diplomacy.
This rests on three pillars aimed at pushing international cooperation mechanisms to achieve the United Nations' (UN) Sustainable Development Goals (SDGs). The book further presents the different methodologies implemented to map the projects funded by development partners to the SGDs.
Carmen Reinhart, Vice President and Chief Economist of the World Bank, said, "I would like to emphasise the timeliness of the efforts undertaken by the Ministry of International Cooperation to involve stakeholders in the development process, and to direct development cooperation to serve the priorities of the country, and I hope that this experience will turn into a template for other countries to follow."
Reinhart added that Egypt's experience is a great step towards achieving greater transparency, a point of discussion needed to be reiterated worldwide during global political and economic conferences.
Minouche Shafik, Director of the London School of Economics, highlighted the experience in development finance and the launch of the Multistakeholder Platforms (MSPs) put forward by Egypt's Minister of International Cooperation Rania Al-Mashat.
Shafik said that this is of utter importance with regards to consolidating partnerships between stakeholders and putting people at the core to achieve the SDGs.
She added that the book presents the ODA-SDG mapping that fosters the principles of governance and transparency, and underscores the efficiency and effectiveness of resources in attaining SDGs. It also informs future partnerships of the existing gaps to develop an informed decision making process.
Erik Berglöf, Chief Economist of the Asian Infrastructure Investment Bank (AIIB), and moderator of the discussion on the book, said that the book showcases Egypt's leading role in achieving development.
It also highlights what the country has undertaken in directing international cooperation and development financing to meet national priorities.
Berglöf described the book as a catalyst for synergies and joint cooperation to implement development plans efficiently that engage stakeholders from the public and private sectors and civil society.
He expressed the development community's need for such publication, saying, "There is no doubt that the Egyptian model in development cooperation proposes an effective and influential blueprint to be followed by many."
Achim Steiner, Director of the United Nations Development Programme (UNDP), commended the launch of the book, calling it an "eye-opening publication" that comes during critical times.
He emphasised that only 10 years separates us from achieving the SDGs, while countries seek to recover following the repercussions of the novel coronavirus (COVID-19) pandemic. He added that the Egyptian experience of multilateralism is one worth documenting and discussing.
Munir Akram, President of the United Nations Economic and Social Council (ECOSOC), said that the ODA-SDG mapping is a crucial step towards realising the SDGs. He also said that Egypt has been one of the first countries to implement this framework.


Clic here to read the story from its source.