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By increasing private sector confidence in the Egyptian legal system, this activity will encourage foreign and local investment, and promote economic development in Egypt. Building on over a decade of U. This program increases the number of women and youth entrepreneurs in North Sinai, improves the sustainability of regional fisheries and agriculture, builds leadership skills among youth, and strengthens the administrative and fiduciary capacities of civil society organizations, so that they can lead complex development efforts in the region.
The program is expected to reach more than , participants and about 15 million Egyptians through social media campaigns empowering women. Through community awareness, this program engages parents and leaders in discussions about the protection and empowerment of girls to change perceptions of the roles girls play in their families, society, and the economy. The program partners with civil society and local governments in Assiut, Aswan, Qena, and Sohag to improve and expand child protection services in the governorates.
The program also aims to combat violence against women and girls and improve the participation of women in the economy. At the same time, it is an indication of the immense opportunity to improve these key services to ensure every citizen can reach his or her full potential, which will boost overall productivity and contribute to growth. As an early adopter of the Human Capital Project, Egypt has shown that it is committed to addressing the gap in human capital outcomes.
To achieve this goal, the World Bank is partnering with Egypt to raise the quality of health and education services, and to expand the reach and improve the targeting of social safety nets. Takaful provides conditional, monthly family income support aimed at protecting poor households from the short-term negative impacts of the economic reform program.
Since , the reforms have included the removal of energy subsidies, the introduction of Value-Added-Taxes and the flotation of the Egyptian Pound; all of which posed economic challenges for the most vulnerable. Along with ensuring income support for poorer households, Takaful also encourages families to keep their children in school and provides them with needed health care. These vulnerable citizens receive a monthly unconditional pension. It will combine boosting the reach and efficiency of the Takaful and Karama Program, with piloting of economic inclusion models including wage employment, self-employment and training of members of poorer households linking them to viable economic opportunities.
The economic inclusion interventions will have a special focus on women and youth. The project aims to improve services at primary healthcare facilities and 27 hospitals. The project will also conduct the largest campaign for screening Hepatitis C, non-communicable diseases and risk factors. With the recent enactment of the Comprehensive Health Insurance law, demand for quality healthcare is expected to grow. The new project is designed to meet that demand.
The Supporting Egypt Education Reform Project : This operation supports transformational reforms of the Egyptian education system by improving teaching and learning conditions in public schools. Yet it is essential that all children arrive at school ready to learn, the time spent in school translates into better learning, and they can grow up to live and work as healthy, skilled, and productive adults.
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|Ethereum smart contract bugs||Both Presidents affirmed the importance of this partnership, which serves the interests of both countries. Nevertheless, the impetus for positive change driven by the government reform agenda augurs well for improvement in policy implementation and transparency. The Ministry is also divided into the public and private sector. Private healthcare facilities consist of nonprofit organizations and for-profit hospitals and clinics. Studies demonstrate that healthy, skilled and educated citizens are more productive, innovative and have a higher contribution to the development of their countries. All equipment, machinery, and essential means of transport excluding sedan cars necessary for business operations are exempted from all customs, import duties, and sales taxes. Other Incentives related to Free Zones according to Investment Human investing egypt continue reading of Exemption from all taxes and customs duties.|
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The economic empowerment front also recorded important developments in the areas of women 's entrepreneurship—especially in micro, and small enterprises— and their inclusion in financial and banking services. Social empowerment results included bridging the gender-gap in education and initiating significant improvements in the delivery of women 's health services, evidenced by the increase of life expectancy at birth and the decrease in maternal mortality rates.
In , the number of women beneficiaries of microfinance was nearly twice that of male beneficiaries, albeit with a slightly smaller share of funding balances. Environmental Sustainability Egypt has paid great attention to preserving its vital environmental assets, especially the Nile River, main source for Egypt 's water needs. Egypt also embarked on assessing the feasibility of using of non - traditional solutions to secure future water needs, such as sea water desalination and recycling irrigation and sewage waters.
Egypt also boosted its capabilities and practical policy measures to address the effects of climate risks, as reflected in the progress of Egypt's ranking on the Climate Change Performance Index CCPI. Egypt prioritized reforming its energy supply system, with a bold program to reform energy subsidies, not only as part of its economic reform program, but also to curb unsustainable patterns of consumption of traditional sources of energy.
As well Egypt maximized its reliance on renewable energy sources and its efforts to improve energy efficiency. Strengthening Governance Egypt made important strides in strengthening governance, continuing efforts to develop and reform its administrative apparatus—especially in the areas of financial management; strengthen accountability by through improved monitoring and evaluation of performance; and to maximize opportunities for meaningful participation for youth in decision-making.
Egypt also strengthened its new independent electoral management body and its anti-corruption institution. It also developed capacities of its local management systems to achieve greater decentralization and raise the quality of provision of services across the country. Egypt has also taken important steps towards digital transformation and mainstreaming financial technologies across all government transactions.
Important example Taking advantage of a strong digital infrastructure provided in its new Administrative Capital, Egypt is planning for a qualitative shift in administrative reforms to facilitate institutional coordination and integration among key state institutions. Response to COVID Egypt reacted to the rapid developments of the covid pandemic crisis quickly and flexibly, not confining it to the limited scope of a health-only response and addressing it as a multi-faceted crisis with wide-ranging and profound economic and social impacts.
Egypt adopted a package of tiered regulatory procedures and mitigation policies to curb the spread of the pandemic and allocate the resources necessary to finance appropriate stimulus packages to reactivate the economy and mitigate impacts on the most vulnerable, especially poor communities and workers in irregular employment. Important examples Egypt allocated billion pounds to face the crisis International estimates and monitoring reports indicate that Egypt was the only country in the Arab region that has succeeded in achieving positive economic growth rates despite the crisis Egypt is a leading country in term of its rap-id response to the situation of women during 34the COVID pandemic.
This requires tools for implementation, foremost of which are: Increasing resources for development investment and strengthening means for financing development. Developing the knowledge base necessary for sound development planning and follow-up. Studies demonstrate that healthy, skilled and educated citizens are more productive, innovative and have a higher contribution to the development of their countries. Governments are taking notice and developing plans to prioritize investments in people.
Egypt - a country of over 99 million citizens — has been undergoing transformational socio-economic reforms since An overarching goal of the reforms is to unleash the private sector as a driver of growth and jobs. This has included efforts to integrate Egypt into the global economy. As a result of the bold reform program, the economy has stabilized, and growth has recovered. To mitigate the impacts of the reforms on the vulnerable, Egypt has stepped up its investments in Human Capital.
A key component of the strategy is improving how the results of human capital investments are measured. The Human Capital Index is a tool within the Human Capital Project that allows countries to measure the impact of their health and education services on the ability of a citizen to reach his or her full potential.
For each of the countries participating, the index looks at health and education data to determine how much human capital a child will accumulate by the time they turn The results for Egypt indicate that a child born today will be 49 percent as productive when she grows up as she could be if she enjoyed complete education and full health. The gap in productivity is an indication of how much income Egypt is missing out due to the quality of health and education services. At the same time, it is an indication of the immense opportunity to improve these key services to ensure every citizen can reach his or her full potential, which will boost overall productivity and contribute to growth.
As an early adopter of the Human Capital Project, Egypt has shown that it is committed to addressing the gap in human capital outcomes. To achieve this goal, the World Bank is partnering with Egypt to raise the quality of health and education services, and to expand the reach and improve the targeting of social safety nets.