27 Oct 2021

Egypt and the OECD (Organization for Economic Cooperation & Development) have signed a MoU (memorandum of understanding) regarding launching a 3 year program to support structural reforms in Egypt. Under the program, the OECD will provide analysis, advice, and guidance that will contribute to the design and implementation of government policies aimed at addressing Egypt’s economic challenges. The program will also contribute to Egypt’s alignment with OECD policy standards.

This program will improve Egypt’s competitiveness in the global economy, as well as increase its integration into the global economic system. The main areas of collaboration will be inclusive and sustainable economic growth, innovation and digital transformation, governance and anti-corruption, statistics, and sustainable development. Throughout the program, there will be a strong emphasis on gender equality, the inclusion of women and young people, and SME formalization.

The agreement was signed in Paris by the Egyptian Prime Minister and the OECD Secretary-General. The Egyptian Prime Minister was accompanied by a number of relevant Ministers.

(Source: OECD (English), State Information Service (English), Mubasher (English) (Arabic), Zawya (English), Daily News Egypt (English), National Council for Media, al-Maal, Amwal al-Ghad, al-Borsa News, Hapi Journal, al-Ahram, al-Masry al-Youm, al-Shurouk, al-Arabiya, al-Sharq al-Awsat)