To ensure no one is left behind, the Government of Egypt has set a targeted approach to openness, transparency and participation, through constructive dialogue with all stakeholders, including civil society in the sphere of development cooperation. The Ministry of International Cooperation aims to shift mindsets through ‘Economic Diplomacy’ through its three key principles: 1) Multi-Stakeholder Platforms 2) ODA SDG Mapping Framework 3) Global Partnerships Narrative. These principles aim to ensure that development financing is more accountable and effective by enabling stakeholders to have access to comprehensive information on ODA initiatives and opportunities to engage on its programs, playing a key role in mobilising resources to support the SDGs.
In its continuous efforts to implement reforms, the Ministry of International Cooperation announced the new senior-staff team, initiating a new structure to optimize resources and procedures to enhance efforts under the Ministry's Economic Diplomacy.
Together, in a collective effort, the team brings to the table imagination and innovation, designing a modern modus operandi to further develop and strengthen cooperation between Egypt and its multilateral and bilateral partners. This culture of open governance is based on innovative and sustainable practices inspired by accountability, commitment and transparency that fosters sustainable and inclusive growth.
Transparency in development projects through the “External Debt Management Committee” helps to create an environment in which information on the objectives, frameworks, rationale and accountability is provided to all stakeholders in a comprehensible, accessible and timely manner. The External Debt Management Committee, established by the Prime Minister, manages external borrowing in coordination with the Ministries of International Cooperation, Finance, Planning and Economic Development and the Central Bank of Egypt.
The Mandate of the External Debt Management Committee is the effective and sustainable management of external debt and maintain a competitive credit rating of Egypt through setting an annual ceiling for external borrowing (exceptions possible pending the committee approval), receiving financing needs of ministries and national entities accompanied with feasibility studies on the estimated cost and consistent with the national objectives, identifying the financing gap and sources of finance to be provided externally. The gap is either financed through ODA or Commercial Loans.
1. Ministries and national entities submit the request of financing to the External Debt Management Committee with preliminary feasibility studies including the estimated cost and the potential impact and consistent with the national objectives 2. Upon the Committee's approval of financing projects through ODA, the Ministry of International Cooperation is approached to secure financing 3. The Ministry of International Cooperation studies the financing requests submitted, determines the appropriate development partner, and negotiates the most suitable financing terms, taking into account the degree of sectoral concentration and diversification of the international cooperation portfolio, technical support and grants required, complementarity with existing projects.
Communicating with openness, accuracy and transparency deepens our understanding of the challenges we face and the solutions that we can offer. The Ministry of International Cooperation co-hosted the ‘Development Partners Group’ meeting in November 2020 with the United Nations and representatives from development partners. The DPG meeting aims to harness and harmonize the development efforts of all diverse actors involved in development – government, development partners, private sector, and civil society and pave the road to effective and transparent cooperation.
In 2020, the Ministry secured $68 million in governance from cooperation with USAID, the World Bank, China, and Spain. SDG 16: Peace, Justice, and Strong Institutions includes 32 projects making up for $240 million and 0.9% of total ODA financing.
Egypt scored the highest implementation of a national reporting platform for the Sustainable Development Goals (SDGs) by 50% in the region, as reported by the United Nations Economic and Social Commission for Western Asia (ESCWA). To promote engagement and open dialogue on progress, the Ministry of International Cooperation has institutionalized regular monitoring of ODA financed projects at all stages of the project cycle to review projects’ performance and implement corrective actions.
Digital and social media platforms pose an opportunity for effective and purposeful development communication; as they provide the means to document the physical results of development projects across the country. People connect to the powerful storytelling showcasing the impact of development financing on ground. The Global Partnerships Narrative Strategic Ecosystem; plays an important role in streamlining development cooperation efforts under one umbrella of mindful mobilization; and through the MoIC Narrative Task Force with members of the Development Partners community, create a variety of messaging to engage stakeholders through “pitch, plunge and play” content adopting to a shared vision and language for collaboration.
Together with all development partners, the Ministry of International Cooperation calls for a "new era" of cooperation championing effective development cooperation, nurturing transparency, open dialogue and governance. This ‘new era’ is tech-based, harnesses the meteoric rise of digital and social media and is built on powerful storytelling and prefers two-way communication where we collectively inform, and engage the people.
Promote the rule of law at the national and international levels and ensure equal access to justice for all.
Develop effective, accountable and transparent institutions at all levels.
Ensure responsive, inclusive, participatory and representative decision-making at all levels.
Strengthen relevant national institutions, including through international cooperation, for building capacity at all levels, in particular in developing countries, to prevent violence and combat terrorism and crime.
Enhance North-South, South-South and triangular regional and international cooperation on and access to science, technology and innovation and enhance knowledge sharing on mutually agreed terms, including through improved coordination among existing mechanisms, in particular at the United Nations level, and through a global technology facilitation mechanism.
Promote the development, transfer, dissemination and diffusion of environmentally sound technologies to developing countries on favourable terms, including on concessional and preferential terms, as agreed.
Fully operationalize the technology bank and science, technology and innovation capacity-building mechanism for least developed countries by 2017 and enhance the use of enabling technology, in particular information and communications technology.
Enhance the global partnership for sustainable development, complemented by multi- stakeholder partnerships that mobilize and share knowledge, expertise, technology and financial resources, to support the achievement of the sustainable development goals in all countries, in particular developing countries.