Egypt’s President Abdel Fattah El-Sisi called for the optimal use of development funds that were mobilized in all axes for the benefit of development and for improving the conditions of citizens, especially in villages, noting that this should be integrated with the relevant presidential initiatives, especially with regard to the irrigation and agriculture sectors, in order to support farmers, boost crop productivity and diversify agricultural crops, and then increase the economic return and income.
The president’s remarks came as he met with Prime Minister Mustafa Madbouli and Minister of International Co-operation Rania Al-Mashat, Presidency Spokesman Ambassador Bassam Radi said.
The president also directed the government to expedite the implementation of the projects under cooperation with development partners and the private sector, which were contracted for during Sharm El-Sheikh summit, and to form specialized technical work teams in each concerned ministry to provide a fast track to finalizing all procedures and approvals related to those projects.
The minister of International Co-operation confirmed that the NWFE platform received great support and praise from international partners during the climate summit as an Egyptian pioneering model, which integrates development efforts and the climate action agenda through mobilizing diversified funding for green development projects within the framework of a single national program.
Minister Al-Mashat reviewed the results of COP27, which was held in Sharm El-Sheikh, in terms of mobilizing concessional development funds for NWFEi, where the funds amounted to 10.3 billion dollars through agreements and financing packages for government sectors from development partners.
With regard to the water and food axes, the minister explained that the new funds would help in the expansion of irrigation projects using clean energy to reduce harmful emissions and promote sustainable agricultural activities, establish seawater desalination plants using clean energy and upgrade irrigation systems in agricultural lands, which will reduce wastewater and help increase crop productivity and reclaim more land, serving more than 50 million citizens in the Nile Valley and Delta.
Source: The Egyptian Gazette
