Mashat pointed out that the new cities' projects boost economic growth opportunities.
Minister Rania Al Mashat states that Egypt’s mega infrastructure projects and issuance of the first green bonds in the region “contributing to a new chapter in Egypt’s economic progress”
Minister of International Cooperation, Dr. Rania Al-Mashat, participated in a virtual session organized by the World Bank Group, where she referred to the importance of structural reforms and how it helped in achieving an economic recovery that is flexible and sustainable that enabled it to absorb the shocks of the COVID-19 pandemic.
Al-Mashat held a high level meeting with all UN agencies in Egypt, in the presence of Mr. Richard Dictus, Resident Coordinator of the United Nations Office in Egypt, as well as directors of 15 UN agencies in Egypt to open a new chapter for cooperation amid the COVID-19 pandemic.
Minister Rania Al Mashat Participates in UN’s Women Political Leaders Session, Emphasizes Women’s Economic Empowerment in COVID-19 Crisis Response
The Minister of International Cooperation H.E. Dr. Rania Al-Mashat announced the launching of a new 3-year advisory program by the International Financial Corporation (IFC) to increase opportunities for women employment in Egypt.
The minister said the current pandemic underscored the need of reshaping the world's economic and social systems.
Minister Al-Mashat stated, "increased coordinated action to expedite healthcare spending and pave the way for an inclusive post-COVID economic recovery is a national priority."
Minister of International Cooperation Rania al-Mashat participated Friday in a meeting titled "Mobilization for Africa" within World Bank/IMF Spring Meetings 2020.
Minister of International Cooperation Rania al-Mashat participated Friday in the video conference of the development committee.
As the potential risks of coronavirus continue to rise, 27 laboratories across the country were prepared to have the capacity to test cases, noting that additional four laboratories and also university laboratories will be added.
Health Ministry took many measures to contain the virus, including setting up 27 labs for virus detection, launching sterilization campaigns in cities and villages.
She highlighted that the panel works to improve the economic situation and beef up inclusive growth in the Middle East and Africa countries.
Addressing the Intergovernmental Group of 24 on International Monetary Affairs and Development in Washington, Nasr called on the WB and International Monetary Fund to expand investments in the region.
Korean investments in Egypt reached $560 million.
China’s policy is “balanced,” Shoukry said.
Vietnamese president’s visit reflects the cooperation between the two countries in investment and trade sectors.
In a reversal of the recent anti-globalization trend, Modi, Trump, May, Macron, Merkel and Trudeau declared their countries open for business.
The German Minister for International Cooperation and Development Gerd Müller will arrive in Cairo during the coming hours to sign cooperation deals with Egypt.
Egypt is relying on the incentives granted by the new investment law to attract investors.