Egypt launches the integrated national financing strategy
Egypt launches the integrated national financing strategy
Egypt continues its efforts to promote sustainable development through integrated policies and strategies aimed at achieving economic and social stability, as the Egyptian government launched the Integrated National Development Financing Strategy (E-INFS), in cooperation with the United Nations Development Programme, within the framework of “Egypt Vision 2030” and the United Nations Sustainable Development Goals (SDGs).
From here, Dr. Rania Al-Mashat – Minister of Planning, Economic Development and International Cooperation – announced the details of the official launch of the Integrated National Finance Strategy in Egypt (E-INFS), on the evening of Tuesday, March 18, 2025, in the presence of Dr. Mostafa Madbouly – Prime Minister – and a number of ministers and senior officials, along with representatives of the United Nations and international financial institutions.
In his speech, Madbouly stressed that financing development represents a global priority, noting that the financing gap may reach $6.4 trillion by 2030 if urgent measures are not taken. He added that Egypt was one of the first countries to ratify the United Nations Sustainable Development Goals (SDGs) in 2015 and the 2030 Action Agenda, and initiated the voluntary review three times before the world within the framework of a transparency policy. And accountability.
Features of the national strategy
In her speech, Dr. Rania Al-Mashat indicated that the Egyptian government had launched the project “Strategy for Financing theSustainable Development Goals (SDGs) in Egypt”, in March 2021, in partnership with the Office of the United Nations Resident Coordinator in Cairo, and with support from the United Nations Joint Fund for the Sustainable Development Goals (SDGs).
The six priority sectors were selected based on the “Mainstreaming, Accelerating and Supporting Policy in Egypt” (MAPS) programme, which identified social protection, education, health, water and sanitation, transportation, and women’s empowerment as key factors to accelerate the achievement of the Sustainable Development Goals (SDGs); Because of its direct impact on various sectors, and in October 2021, climate change was listed as one of the basic sectors, due to its increasing importance in advancing sustainable development.
Al-Mashat reviewed the details of the integrated national strategy for sustainability and development financing in Egypt, explaining that this strategy is the first of its kind in Egypt, as it relies on the “Integrated National Finance Framework (INFF),” which aims to mobilize sustainable financial resources in accordance with “Egypt Vision 2030,” and indicated that the strategy seeks to mobilize sustainable financial resources and reduce financial risks, by adopting innovative mechanisms that ensure the stability of financing flows to support development. To achieve this, the government is working to shift from traditional mechanisms to comprehensive financing strategies, based on diversifying funding sources and enhancing integration between different sectors.
In this context, the state is keen to align public and private financing with Egypt’s strategic goals; To ensure that resources are directed towards priority projects, in accordance with “Egypt Vision 2030”. The strategy also pays special attention to encouraging investment and increasing the efficiency of public spending, by providing a stimulating environment for the private sector and strengthening governance mechanisms to ensure optimal use of available financial resources. Dr. Rania Al-Mashat stated that the strategy will be implemented in partnership with the United Nations and its various institutions, such as the International Labor Organization,UNICEF, and UN Women. To ensure the sustainability of financing development projects.
Sustainable Finance Roadmap
The strategy outlines a clear roadmap for sustainable and innovative financing, by enhancing flows of public and private financial resources; This contributes to providing diverse sources of financing that support long-term financial stability, and also focuses on improving revenue collection and increasing the transparency of the public budget. To ensure the optimal use of financial resources and enhance the efficiency of government spending.
Within the framework of adopting modern financing strategies, the strategy seeks to expand innovative financial instruments, such as Islamic financing sukuks and sustainable development bonds; Which opens new horizons for attracting investments. The strategy also emphasizes steps to enhance partnership between the public and private sectors, to support financing infrastructure projects, and to stimulate the private sector to invest in vital sectors, in a way that enhances sustainable development and achieves Egypt’s strategic goals.
In this context, the Minister indicated that the merging of the Ministries of Planning, Economic Development and International Cooperation contributed to enhancing the alignment of financing strategies with national priorities, and linking economic and social development plans to their financing methods. This achieves integration between national planning and international cooperation, improves the efficiency of public spending, and enhances the sustainability of financing through a unified vision to bridge financing gaps.
Thus, this strategy reflects Egypt’s ambitious vision to achieve development through developing innovative financing mechanisms, enhancing cooperation between the public and private sectors, and ensuring the integration of national and international efforts in financing development projects. Hence, Guardians of the Earth sees that this strategy represents a fundamental shift towards building a more sustainable financing system, and also hopes that this strategy will find its way. To practical implementation in the near future.
