Egypt’s National Institute for Governance and Sustainable Development (NIGSD) has signed a Memorandum of Understanding (MoU) with the Egyptian Center for Global Governance and Development (ECGGD) for cooperation in the areas of governance and sustainable development.
The (MoU) was signed by NIGSD Executive Director Sherifa Sherif and Faqa Al-Rifai, Chairperson of the Foundation’s Board of Trustees. The NIGSD serves as the training arm of the Ministry of Planning and Economic Development.
Hala El-Said, Minister of Planning and Economic Development and Chairperson of the Board of Trustees at the NIGSD, noted the importance of governance in increasing confidence in the national economy.
She added that it deepens the role of the money market, and increases its ability to mobilise savings, raise investment rates, and preserve the rights of the minority or small investors.
El-Said added that governance encourages the growth of the private sector and supports its competitiveness, and as a result creates decent job opportunities. It also contributes to fighting corruption and the emergence of a capable and effective public sector that provides community service and provides high rates of growth.
Regarding the MoU, the Minister explained that it comes from a full awareness of the importance of cooperation between think tanks concerned with governance affairs. It also helps support public policy-making processes based on the foundations of wise leadership.
El-Said noted the importance of the NIGSD’s role in monitoring and following up on the evaluation of Egypt’s indicators in governance, competitiveness, sustainable regional and international development.
Regarding the cooperation between the two parties under the MoU, Sherif said that it consists of preparing and implementing packages of training programmes. This is in addition to designing and implementing an advanced professional diploma in the field of governance and its applications.
It will also cover cooperation in providing training related to governance applications that the NIGSD implements.
The areas of cooperation between the two parties under the signed MoU include organising joint scientific activities, such as seminars, workshops, local and international conferences. This relates to issues of governance and sustainable development, in addition to exchanging views on advisory services and conducting joint research and studies in the areas of governance and sustainable development.
Sherif added that to ensure the activation of the areas of cooperation, the two parties will exchange visits of delegations between the two parties. The move will allow each party to become acquainted with the experiences of the other in the fields of research and drafting, ways to benefit from them and to facilitate their employment methods.
The two parties will exchange researchers and experts to carry out research activities to be agreed upon later. This will come in addition to exchanging information, publications, research materials, scientific publications, and electronic software.