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Supervisor
Elham AbolFateh

Egypt

Al-Sisi: $230 billion needed for maintaining sustainable development in Arab countries

Monday 19/November/2018 - 02:56 PM
Sada El Balad
Hassnein Tayea
Egypt’s President Abdel Fattah al-Sisi said that the Arab countries’ needs until 2030 are estimated at $230 billion in order to achieve the goals of sustainable development.

In a speech delivered by Dr. Hala Al-Saeed، Minister of Planning، Monitoring and Administrative Reform، on behalf of President Al-Sisi، she said that many studies confirmed the need to spend trillions of dollars to finance sustainable development programs. 

She pointed out that the Arab Forum for Environment and Development (AFED)’s report in 2018 has estimated the financing needs of all world countries to reach $ 5 to $ 7 trillion per year until 2030 in order to meet sustainable development goals.

During the inauguration of the Arab Sustainable Development Week، entitled "Hurrying for Action"، which is currently being held at the Arab League’s headquarters o under the auspices of President Abdel Fattah Al Sisi from November 19th to 22nd.

Hala Al-Saeed also conveyed the President’s greetings to all participants in the meeting on the occasion of inaugurating the second Arab Sustainable Development Week.

She stressed that this conference aimed at continuing cooperation in the implementation of the sustainable development 2030 goals and working to find solutions to the issues of sustainable development in the Arab region.


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