Egypt, US sign $130M in grants from USAID

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Thu, 13 Jun 2024 - 07:05 GMT

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Thu, 13 Jun 2024 - 07:05 GMT

Dr. Rania Al-Mashat, Minister of International Cooperation

Dr. Rania Al-Mashat, Minister of International Cooperation

CAIRO - 13 June 2024: Egyptian Minister of International Cooperation Dr. Rania Al-Mashat and US Ambassador to Egypt Hero Mustafa Garg signed agreements for 8 non-refundable development grants worth $130 million from the US Agency for International Development (USAID). 
 
The agreements come within the framework of the joint economic relations program between the two countries, in a way that enhances development cooperation efforts, to support the implementation of the state’s development vision in various fields and stimulate efforts to achieve sustainable development, in the presence of Sean Jones, the new USAID Mission Director in Egypt.
 
This comes in light of the strategic relations between the Arab Republic of Egypt and the United States of America, which extend for decades, and the role played by the Egyptian Ministry of International Cooperation, to manage and develop economic relations between Egypt and multilateral and bilateral development partners, in a way that advances the state’s efforts to achieve its development vision that is consistent with the United Nations Sustainable development goals.
 
The signed grant agreements vary in many areas that are consistent with the priorities and requirements of development and the vision of the government in Egypt, and are divided by $13.5 million for the comprehensive economic governance agreement; $35 million for the Egyptian-American Higher Education Initiative agreement; $12 million for the second phase of the basic education program, as well as $15 million for a program to improve health outcomes for targeted populations.
 
The agreements also include $14.5 million for the Agribusiness Program for Rural Development and Increasing Income, about $26.9 million for the Program for Improving the Trade and Investment Environment, $5.5 million directed to the Climate Change Program, and $7.5 million for the Integrated Solutions for Water Support Program.
 
In her comment, Dr. Rania Al-Mashat, Minister of International Cooperation, appreciated the partnership between the Arab Republic of Egypt and the United States of America, which works to meet development requirements and priorities in Egypt by directing development funds and technical support to various sectors.  
 
For her part, Hero Mostafa Garg, the US Ambassador to Cairo, said, “We reaffirm the US government’s long-term commitment to creating economic opportunities and improving conditions for all Egyptians with $130 million in funding from the United States, we are strengthening Egyptian efforts to achieve a healthier, more prosperous life and future for generations to come.”
 

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