Under the Auspices of Prime Minister Dr. Mostafa Madbouly, Egypt launches Integrated National Financing Strategy in partnership with UNDP and the United Nations system in Egypt

March 18, 2025
Conference setting with speakers at a table, national flags, and floral arrangements.

 

Cairo, Egypt – March 18, 2025) Under the auspices of His Excellency Prime Minister Dr. Mostafa Madbouly, in collaboration with the Ministry of Planning, Economic Development and International Cooperation and the United Nations System under the technical leadership of the United Nations Development Programme (UNDP), has officially launched Egypt’s Integrated National Financing Strategy (E-INFS). This milestone event marks a significant step in ensuring sustainable and strategic financing to achieve Egypt’s Vision 2030 and the Sustainable Development Goals (SDGs).

Egypt’s Integrated National Financing Strategy is designed to address the national financing gap and optimize the allocation of both public and private resources to 7 priority sectors such as health, education, social protection, climate resilience, transportation, and infrastructure. The strategy provides a comprehensive framework to mobilize domestic and international financial resources, ensuring alignment with national development priorities and global commitments.

Minister of Planning, Economic Development and International Cooperation H.E. Dr. Rania A. Al-Mashat said: "The launch of Egypt’s Integrated National Financing Strategy (E-INFS) introduces a transformative approach to development financing, leveraging diverse and innovative mechanisms. The strategy emphasizes the importance of complementary financing sources, fostering intergovernmental coordination, public-private partnerships, and collaboration with international financial institutions and the UN. By optimizing public and private domestic and international resources, we aim to bridge financing gaps in key areas such as healthcare, education, infrastructure, climate resilience, and social protection through evidence-based solutions."

Globally, the investment gap is now $4 trillion, up from $2.5 trillion in 2015. The current investment gap is 60% higher than the gap of $2.5 trillion estimated by UNCTAD in 2014 on the eve of the adoption of the SDGs. This gap has been exacerbated by multiple crises, including the COVID-19 pandemic and geopolitical tensions in various parts of the world.

The development of Egypt’s Integrated National Financing Framework is based on a ‘whole of government approach’ and strong coordination between 18 different Government ministries and the UN, under the technical leadership of UNDP and the expertise of the International Labour Organization (ILO), UN Conference on Trade and Development (UNCTAD), UN Children’s Fund (UNICEF) and UN Women.

The strategy builds on Egypt’s engagement with the Integrated National Financing Framework (INFF), a UN-led initiative supported by the UN SDG Joint Fund, which aims to align financial flows with national priorities. The INFF provides tools for evidence-based decision-making, enhancing transparency, and leveraging innovative financing mechanisms such as blended finance, sustainable bonds, and impact investing.

“Financing is the cornerstone of sustainable development. The Integrated National Financing Strategy is a financial roadmap and a commitment to mobilizing resources efficiently and innovatively to ensure that no one is left behind in Egypt’s development journey,” said Alessandro Fracassetti, UNDP Resident Representative in Egypt. He added: “The launch of Egypt’s Integrated National Financing Strategy represents a crucial step toward enhancing the country’s ability to mobilize resources and finance sustainable development in an inclusive manner. UNDP is proud to have supported this process, reinforcing our commitment to innovative financing solutions that empower national development.”

The strategy will be governed by a dedicated steering committee comprising representatives from key ministries, financial institutions, and development partners. This governance structure will oversee the implementation of the financing roadmap, ensuring a coordinated and results-driven approach.

In the coming months, Egypt will engage with international financing institutions, private sector stakeholders, and bilateral partners to operationalize the strategy and secure new funding streams that support its long-term development vision.

Welcoming remarks were delivered by the Integrated National Financing Framework (INFF) co-chairs and Technical Lead Agency representatives, including Dr. Rania Al Mashat, Minister of Planning and Economic Development and International Cooperation, Elena Panova, UN Resident Coordinator, and Alessandro Fracassetti, UNDP Resident Representative, who emphasized the significance of integrated financing in advancing Egypt’s sustainable financing agenda.

The event brought together high-level representatives, including Dr. Khaled Abdel-Ghaffar, Deputy Prime Minister for Human Health and Population and Minister of Health and Population, Mr. Ahmed Kouchouk, Minister of Finance, Dr. Maya Morsy, Minister of Social Solidarity, Eng. Sherif El Sherbini, Minister of Housing, Utilities, and Urban Communities, Dr. Mohamed Abdel Latif, Minister of Education and Technical Education, Dr. Manal Awad, Minister of Local Development, Mr, Mohamed Gibran, Minister of Labor, Mr. Ahmed Abdel Rahman El Sheikh, Chairman of the Egyptian Stock Exchange, and Ms. Ghada Nour, Assistant Minister of Investment and Foreign Trade.

The sessions also brought the development partners Mr. Álvaro Iranzo Gutierrez, Ambassador of Spain to Egypt, Ms. Clémence Vidal de la Blache, French Development Agency (AFD) Country Director in Egypt and Mr. Stephane Guimbert, World Bank Country Director for Egypt, Yemen and Djibouti.

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For more information, please contact:

MOPEDIC |

UNDP | Fatma Elzahraa Yassin, UNDP Egypt, Communication Lead, fatma.yassin@undp.org

 

About UNDP Egypt

UNDP is the leading United Nations organization fighting to end the injustice of poverty, inequality, and climate change. Working with our broad network of experts and partners in 170 countries, we help nations to build integrated, lasting solutions for people and planet. Learn more at https://www.undp.org/egypt or follow us at @undpegypt(link is external).