Prime Minister Mostafa Madbouly defined 10 tasks for the Ministry of Planning and Economic Development, within the ministry’s economic portfolio, according to a ministerial statement.
“We accomplished the files entrusted to us. We now have 10 tasks for the Ministry within the economic development portfolio,” Minister of Planning and Economic Development Hala El-Said said on Monday.
“We are working on the formulation and following–up the execution of the national sustainable development strategy (Egypt Vision 2030), and on advancing partnership mechanisms with the private sector, civil society, and development partners to enhance financing for sustainable development,” she added.
The Ministry is responsible for developing and supporting entrepreneurship and innovation with a target of increasing its contribution to comprehensive and sustainable economic development, according to El-Said.
The Ministry achieved great progress in the critical administrative reform file, most notably the institutional development and capacity-building pillars, in tandem with the comprehensive economic reform process in an exceptional period.
She noted that the Ministry assigned another file of great importance for economic development, stressing that after the success of the Egyptian economic reform programme, the Ministry seeks to maintain sustainable growth in a manner that reflects more opportunities for decent and productive work.
She further said the economic development file was closely related to people’s lives, adding that development was an integral part of planning, especially on the local and provincial planning levels, which helps make use of available resources to maximise available investment opportunities.
According to the recently assigned tasks, the ministry is also responsible for following up the implementation of the UN sustainable development strategy, while ensuring compatibility with the African Agenda 2063, in addition to preparing periodic reports to assess the Sustainable Development Goals (SDGs) implementation.
She indicated that the Ministry was responsible for designing optimal utilisation mixtures for the state’s unutilised assets to maximise their returns in the benefit of future generations.