Dr. Mostafa Madbouly, Prime Minister of Egypt, met this morning with Mr. Mathias Cormann, Secretary-General of the OECD, on the sidelines of the high-level conference marking the conclusion of the first phase of the country program between the Arab Republic of Egypt and the organization, held in the New Administrative Capital in collaboration with the Ministry of Planning and Economic Development.
The meeting was attended by Dr. Badr Abdel-Aty, Minister of Foreign Affairs and Migration, and Dr. Ahmed Rustom, Minister of Planning and Economic Development, along with several officials from the organization. The discussions focused on enhancing cooperation between Egypt and the OECD and ways to support economic reforms in the country.
Details of the Meeting
At the beginning of the meeting, the Prime Minister expressed the Egyptian state's appreciation for the close and ongoing cooperation with the OECD, emphasizing the importance Egypt places on its partnership with the organization. This was evident in Egypt's active engagement in many of its working committees, its membership in the Development Center, and its joint presidency of the MENA-OECD Initiative.
Madbouly welcomed the completion of the first phase of the country program between Egypt and the OECD, praising the progress made in implementing its projects, which he sees as a cornerstone supporting the structural economic reform efforts undertaken by the Egyptian state. He confirmed that these efforts contribute to achieving Egypt's Vision 2030 for sustainable development and enhancing the resilience of the Egyptian economy in the face of regional and international challenges and crises.
Background & Context
The OECD is one of the leading international organizations supporting the economic and social policies of its member states. Egypt has witnessed significant economic transformations in recent years, making it a focal point for many international organizations. This meeting is part of Egypt's efforts to enhance its economic standing on the international stage.
The Egyptian government seeks to leverage the organization's expertise in economic reform and sustainable development, as this partnership represents an opportunity to strengthen cooperation in various fields, including education, innovation, and social development.
Impact & Consequences
Dr. Mostafa Madbouly expressed Egypt's eagerness to continue cooperation with the organization by launching the second phase of the country program, which will enhance the path of economic and developmental reforms. He also welcomed Egypt's participation as a