Egypt’s development strategy is built around the “Sustainable Development Strategy: 2030 Vision”, the Government Action Program “Egypt Takes Off”, and the recent Cabinet’s comprehensive reform program. The vision is being implemented through five-years action plans. The GoE is launching its second phase of “Egypt Takes Off” for 2023-2027. This new program builds on the previous milestones achieved by the 2018-2022 program which has put the foundation for a successful development trajectory for the Egyptian economy. The top priorities of the GoE in its new program 2023-2027 are: (i) promoting green economy and achieving water, food and energy security; (ii) increasing investment in health and education sectors and (iii) introducing new regulatory reforms aiming to facilitate the engagement of the private sector into the economic development process of Egypt. In order to position Egypt for a swift and sustainable recovery from the Covid-19 crisis, the GoE announced in May 2021 a second phase of the program namely the “National Structural Reforms Program (NSRP)”. This project primely contributes towards climate adaptation result. As such 100% of the total approval is attributed as climate finance, out of which 100% is adaptation finance.

Egypt

African Development Bank Group

Africa MENA Countries Middle East Northern Africa

Environment and Pollution-Recycling Water and Sanitation Environmental Work Construction Agriculture-Food and Beverages Energy-Power and Electrical Computer Hardwares and Consumables Electronics

08.11.2022

Original Url