Minister of Planning: Arab economic integration is a strategic pillar in facing the challenges of the world and the region
The Minister of Planning, Economic Development and International Cooperation, Dr. Rania Al -Mashat, emphasized that Arab economic integration is a strategic pillar in facing the interlocking challenges witnessed by the world and the region, noting that Egypt presented a pioneering model in the good exploitation of development funds to implement strategic projects that serve the citizen and enhance economic stability.
this came during its participation in the annual meetings of Arab financial bodies The joint, which is held today in the State of Kuwait, as part of the delegation of the Arab Republic of Egypt, which includes the governor of the Central Bank, Hassan Abdullah, Minister of Finance Dr. Ahmed Kojk, Minister of Agriculture and Land Reclamation Alaeddin Farouk, and meetings witness high -level participation from the ministers of finance, economy and international cooperation from various governments of Arab countries, and heads of Arab financial bodies. Governors of the Arab Fund for Economic and Social Development, the Arab Monetary Fund, the Arab Bank for Economic Development in Africa, the Arab Authority for Agricultural Investment and Development, in addition to the meeting of the shareholders of the Arab Investment Corporation for Investment and Export Credit, and the supervision council meeting of the Fund & Laquo; Bader & Raquo; The meeting of the Arab Finance Council. Arab financial and economic, future trends of financial policies in the region, and the efforts of Arab financial institutions in supporting the sustainable development goals and developing financing tools in a way that keeps pace with regional and global economic transformations, in addition to extensive discussions on ways to stimulate investment in Arab economies, enhance financial sustainability, and review the experiences of Arab countries in the areas of digital transformation, public debt management, tax developments, enhance energy security, as well as accreditation Future development plans in light of the joint efforts to achieve the sustainable development goals in line with the increasing global challenges and changes in the international financial scene. Knowledge and directing investments in accordance with the priorities of sustainable development, and Arab economic integration, which represents a strategic pillar in facing the interlocking challenges witnessed by the world and the region. The regional, and to confirm its pioneering role in supporting development efforts in the Arab region, through the exchange of experiences, the development of innovative models of financing, and the development of more effective mechanisms for achieving integration and inclusion, stressing that Egypt provides a leading model in benefiting from development financing to implement strategic projects that serve the citizen and enhance economic stability. Consideration of geopolitical variables and structural transformations in the global economy, especially with regard to the fluctuations of supply chains, climate financing, and digital transformation, stressing the importance of coordinating Arab positions in international forums in a way that enhances the ability of Arab economies to influence the global development agenda and pay efforts to develop the global financial system. The inter -Arabic will have a great impact on creating a more integrated and flexible economic environment, and the ability to face challenges. Innovative development financing, support for investment in the green and digital transformation, as well as intensifying Arab integration efforts and strengthening partnerships with international institutions.
meetings witness the ceremony of the distribution of the Sheikh Abdul Latif Youssef Prize Development in the Arab world, which witnessed Egypt’s winning twice in a row in the last two years, for the two projects of the South Helwan Electricity Station in 2022, and the project of establishing a water drain water system Cow in 2023.
