Egyptian
Planning and International Co-operation Minister Rania Mashat said human
development is one of the key pillars serving economic development.
She highlighted the
role of financing and bridging the gap of financing which is widening,
especially in developing countries.
She made the remarks
during her participation via video conference in the session on Financing for
Human Development, held on the third day of the Global Congress on Population,
Health and Human Development (PHDC’ 24) in Cairo.
Mashat said
developing countries face many challenges that affect their development, noting
that international Organisations have a major role to realize balance in the
financing gap and meet the development needs of developing countries.
She stressed that
Egypt allocates 42% of its budget to major domains, like health, education,
etc.
She noted that Egypt
launched several development projects and programs, including Takaful and Karama
projects.
She said the
government seeks encouraging the private sector’s contribution to financing
national projects.
She noted that the
state is engaged in programs with major international organizations focusing on
key development elements, such as education, health and Decent Life project.
She expounded that
Decent Life project contributed to extending many services to many villages in
deprived areas.
She referred also to
a school children nutrition program being implemented in collaboration with the
World Food Program.
She highlighted the
importance of building confidence between the state and local and international
partners.
Source: The Egyptian
Gazette