Egypt Showcases 'Masdar' Platform At UN Forum To Enhance Development Financing Decisions

(MENAFN- Daily News Egypt) Egypt's Ministry of Planning and Economic Development has highlighted its“Masdar” platform as a key tool for improving decision-making and directing financing towards priority sectors, during its participation in the United Nations Economic and Social Council Forum on Financing for Development in New York City.

The ministry was represented by Mona Essam, Assistant Minister for Sustainable Development Affairs, who delivered Egypt's statement and took part in a series of high-level discussions, including the Country-led Dialogue on Integrated National Financing Frameworks (INFFs).

The forum builds on momentum generated by the Fourth International Conference on Financing for Development, reflecting Egypt's ongoing efforts to expand innovative financing mechanisms and diversify funding sources in line with Egypt Vision 2030 and the Sustainable Development Goals (SDGs).

Essam said Egypt places development financing at the core of its national planning agenda, highlighting the launch of the Integrated National Financing Strategy (E-INFS) in 2025. The strategy aims to establish a comprehensive financing framework aligned with national priorities and the Addis Ababa Action Agenda, while strengthening coordination among stakeholders and enhancing engagement with development partners and financial institutions.

She noted that these efforts are underpinned by a robust legislative and institutional framework, including the General Planning Law No. 18 of 2022 and the Unified Public Finance Law No. 6 of 2022, as well as the“Financing for Development” team established in 2021. Together, these mechanisms aim to better align financial flows with development priorities and integrate planning with budgeting processes.

Essam emphasised that traditional financing tools alone are no longer sufficient to meet growing development needs, prompting Egypt to adopt innovative instruments such as debt swap programmes and diversified sovereign bond issuances, including green bonds, Panda bonds, and Samurai bonds, to secure sustainable funding sources.

She also outlined the role of the“Masdar” platform as an integrated, interactive database for sustainable development indicators. The platform supports evidence-based policymaking and enables more precise allocation of financing in line with national priorities, translating international commitments into tangible outcomes.

The forum is seen as a key platform for accelerating progress towards the SDGs, particularly as countries seek to convert global pledges into actionable programmes.

On the sidelines of the event, the United Nations Department of Economic and Social Affairs launched the National Focal Points Network for Financing for Development. Egypt is participating as a member, aiming to strengthen the link between global follow-up mechanisms and national and regional development priorities.

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