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Doaa Moneim – Ahram Online
“The United Nations Development Programme (UNDP) and the Japanese government will expand an existing partnership supporting Egypt’s crisis management, addressing the socio-economic impact of COVID-19 with funding of around $2.73 Million”, the two sides announced on Tuesday.
They discussed future steps for a development project titled ‘Supporting an Inclusive and Multi-Sectoral Response to COVID-19 and Addressing its Socio-Economic Impact in Egypt’. The project focuses on supporting National and sub-National capacities for planning, co-ordinating crisis management efforts. It will address the socio-economic impact of COVID-19; particularly on micro, small and medium-sized enterprises (MSMEs) among vulnerable groups.
“The project is expected to benefit 3.7 million SMEs, especially in the retail and handcraft sectors, via support for digitisation and improved market access through e-commerce”, according to UNDP.
The meeting was attended by Japanese Ambassador Masaki Noke, Egypt’s deputy Planning and Economic Development Minister Ahmed Kamaly and UNDP officials.
“Thanks to the generosity of Japan, we are delighted to work closely with the Embassy of Japan to support Egypt’s efforts in responding to and recovering from COVID-19. Millions of people and vulnerable households are affected by the socio-economic shocks resulting from the COVID-19”, said UNDP Egypt Resident Representative Randa Aboul-Hosn in a statement.
