This came during a video-conference meeting which was held with a number of international financing institutions to review the structural reform plan of state-owned firms.
Mashat pointed out the importance of the partnership between UNICEF and the development partners such as the United States Agency for International Development.
Minister of International Cooperation announced Wednesday the approval of the World Bank's Board of Executive Directors to provide Egypt with $400 million.
This is part of the emergency response project to address coronavirus pandemic; to support the Egyptian government’s efforts to implement the universal health insurance system.
The agreement is the outcome of a fruitful cooperation with Egypt's development partners and asserts the close and deeply-rooted relations binding Egypt and France in all fields
The cooperation portfolio included 48 projects; most notably the rehabilitation of hydroelectric stations and sanitation.
Mashat added in a statement that the Kingdom of Saudi Arabia’s grant in Egypt contributed to achieving the goals of sustainable development and creating new job opportunities.
The Minister of International Cooperation Dr. Rania Al-Mashat gave a webinar held by the Academy of Young Diplomats (AYD) located in Poland under the title “Pandemics: Reviving Multilateralism & Strengthened Cooperation.
Adams set out in a letter addressed to Al-Mashat, the UK’s support for the Ministry’s efforts, in line with its People, Projects, and Purpose framework.
The meeting also tackled the cooperation mechanism between Egypt and the IsDb, together with Egypt’s readiness to lay out a common strategy, with the aim of easing the economic burdens caused by the novel coronavirus outbreak.
The meeting was attended by officials from World Bank (WB), IFC, European Investment Bank (EIB), European Bank for Reconstruction and Development (EBRD) and African Development Bank (AfDB).
This came during a webinar organized by the American Chamber of Commerce and the Egyptian-American Joint Business Council today in the video, that was titled "The COVID-19 pandemic: Corona virus is an imminent opportunity for multilateralism."
Among these factors, the Minister pointed out that the volume of Egyptians ’remittances from abroad amounted to $26.8 billion.
his approval brings the total of the agreement that was initially signed between the Ministry of International Cooperation and the Government of the United States of America represented by the United States Agency for International Development (USAID)to $
‘The crisis also drove structural reform relating to social protection, unofficial labor and financial inclusiveness,” she noted.
CNN published Monday a 60-second video reviewing Egypt’s economy, according to Prime Ministry account on social media.
The minister was addressing a video conference session about the short and long-term repercussions of the coronavirus pandemic.
CBE clarified that the total tourism revenues jumped 67 percent to reach $13.03 billion in 2019, compared to $7.8 billion in 2017, $2.5 billion in 2016 and $6.1 billion in 2015.
The forum is set to discuss policies and initiatives that possess a positive impact on women and ways to increase women's social and economic participation.
The cooperation will also involve supporting how to cope with the climate changes and alleviate their consequences along with promoting health and education domains.