Egypt has launched its Integrated National Financing Strategy (INFS), marking a significant shift towards sustainable development. This strategy aligns financial flows with national development priorities, strengthening Egypt’s role in global development financing ¹.
According to UN Resident Coordinator Elena Panova, the INFS serves as a roadmap for financing the Sustainable Development Goals (SDGs), ensuring a more strategic and effective allocation of resources. The strategy prioritizes key areas, including:
- Health: Improving healthcare services and infrastructure
- Education: Enhancing educational quality and accessibility
- Women’s Empowerment: Promoting gender equality and women’s participation
- Sanitation: Upgrading sanitation infrastructure and services
- Transport: Developing efficient and sustainable transportation systems
- Climate Finance: Supporting climate change mitigation and adaptation efforts
The INFS aims to address the global SDG financing gap, estimated at $4 trillion. Panova emphasized the urgent need for a coordinated approach to redirect financial assets towards national priorities.
Egypt’s recent 38% increase in tax revenue is seen as a significant step towards domestic resource mobilization. The country is also actively engaged in global tax negotiations.
The UN will continue to support the implementation of the INFS, ensuring strategic alignment and tangible impact. Panova expressed gratitude to the Egyptian government and its partners for their collaboration in bringing the INFS to fruition.
