Ministry of International Cooperation has launched the automated system for data management and follow-up on development financing for projects, according to a statement by the ministry.
The launch comes within the framework of the country's digital transformation plan.
The system aims at promoting principles of transparency and governance within development cooperation efforts with multilateral and bilateral development partners.
Minister of International Cooperation Rania Al-Mashat said that the new system is a mechanism for integrating data relating to development cooperation agreements, projects, and programs with development partners to ensure that relevant information is available at all levels between the ministry and all national entities.
In addition, it "monitors the financial and technical performance of projects funded by multilateral and bilateral development partners, extracts periodic reports for decision-makers, and shares data with project-related entities,” the statement added.
Egypt is linked with multilateral and bilateral development partners through the framework of international cooperation and development financing, and through continuous strategies and partnerships updated every three or five years based on the country's development priorities, the government's work program, the 2030 agenda, and coordination between national entities and development partners.