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Macro-Economic Stabilization and Reform

Speeches Shim

A woman at a computer
This Government of Egypt employee has access to efficient, automated systems.
USAID/Farah Mansour

At the request of the Government of Egypt, USAID is responding to Egypt’s economic reforms through strengthening public financial management and public investment planning. In partnership with the Ministry of Finance, USAID is providing training and capacity building to improve fiscal management, budgeting, and expenditure control, as well as to promote greater budget efficiency, transparency, and accountability. In partnership with the Ministry of Planning and Economic Development, USAID works to improve public investment planning, management, implementation, and monitoring to enhance the productivity of public capital assets and the efficiency and effectiveness of public services.

Implementing Partner: DAI; Life of Project: April 2, 2018 – April 1, 2023; Total Estimated Cost: $22.66 million; Governorates: Nationwide 

GOALS

  • Improve public investment planning, implementation, and monitoring to enhance the productivity of public capital assets and the efficiency and effectiveness of public services
  • Upgrade effectiveness of public financial management to improve fiscal management, budgeting, and expenditure control and to promote greater budget efficiency, transparency, and accountability

RESULTS

  • Automated 75 percent of the Ministry of Planning and Economic Development planning processes
  • Provided training on capital investment to 280 Ministry of Planning and Economic Development officials
  • Developed a strategic communications plan with the Ministry of Planning and Economic Development
  • Trained over 600 key Government of Egypt entities on the use and implementation of a unified monitoring and evaluation database
  • Provided training for more than 2,200 Ministry of Finance and Ministry of Planning and Economic Development officials on fiscal policy and budgeting
  • Certified 59 Ministry of Finance and Ministry of Planning and Economic Development officials as Training of Trainers instructors
  • Improved tax administration compliance by 3.44 percent
  • Provided more than 2,500 days of fiscal policy and administration assistance
  • Supported the Ministry of Planning and Economic Development and the Ministry of Finance to study the impact of COVID-19 on the Egyptian economy and develop recommendations for economic stimulus packages to manage a potential financial crisis