Minister of International Cooperation
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.
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.
Al-Mashat clarified that these awards came for its outstanding efforts in the” Sustainable Energy” and “Gender and Inclusion” categories among 11 other countries worldwide.
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.
Minister of International Cooperation Rania el Mashat said on her Twitter account that the initiative aims to improve psychosocial support services.
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.
“We entered this crisis with fiscal buffers as well as foreign reserve buffers, which helped weather the first shock,” Rania al Mashat said.
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 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."
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 $
Mashat said the global economic activity is going through the worst phase in 100 years and economic conditions have been affected in each country due to the coronavirus.
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.
Meanwhile, Muzinich asserted the keenness of his country on backing Egypt's efforts towards the realization of its comprehensive economic reform program.
The two sides discussed means to deepen bilateral cooperation between Egypt and Arab financing institutions based in Kuwait such as KFAED and the Arab Fund for Economic and Social Development.
Mashat said that women contribute about 18 percent to the gross domestic product of the Middle East and North Africa.