Egypt and UN sign Development agreement

Egypt and the United Nations signed in Cairo Sunday a $1.2 billion agreement focusing on inclusive economic development, social justice, women's empowerment and sustainable management of natural resources.
The Partnership Development Framework Agreement 2018-2022 was signed by Minister of Investment and International Cooperation Sahar Nasr and UN resident coordinator in Egypt Richard Dictus.

The main objective of the agreement is to support the Egyptian government in its quest to achieve national development.

According to Nasr, the agreement was developed through consultations with approximately "400 stakeholders" representing Egyptian ministries, governmental departments, members of the Partnership Steering Committee, UN agencies operating in Egypt, civil society and the private sector.

Nasr indicated that the economic component of the agreement will be focused on achieving agreed goals of inclusive and sustainable economic development and job creation.