26-05-2025
- Business
- Egypt Independent
Planning Minister says IsDB's new strategy approved at critical timing
Egyptian Minister of Planning, Economic Development and International Cooperation, and Egypt's Governor to the Islamic Development Bank (IsDB) Group, Rania Mashat said the bank's 2026-2035 development strategy has been passed at an important timing regionally and internationally.
The minister's remarks came during her participation in the IsDB Group's 2025 Annual Meetings, held from May 19 to 22, in the Algerian capital Algiers under the theme 'Diversifying Economies, Enriching Lives.'
Mashat voiced keenness on developing broader cooperation between Egypt and the bank to propel economic development efforts, increase human capital investments, and provide more funding tools to serve both local and foreign private sectors in Egypt.
'Egypt works on making use of the bank's new strategy to open new horizons of cooperation on supporting the private sector and financing projects of infrastructure, education, digital transition, renewable energy and adaptation to climate change,' the minister added.
