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H.E. Dr. Rania A. Al-Mashat, Minister of Planning, Economic Development and International Cooperation, represented the Arab Republic of Egypt at the G20 Development Working Group Ministerial Meeting held in South Africa.

She also participated in drafting and launching the Ministerial Declaration at the conclusion of the meetings.

The Ministerial Declaration, issued at the meetings, affirmed that development financing is at the core of shared priorities. It also highlighted the urgent need to enhance domestic resource mobilization, address illicit financial flows, and strengthen the role of multilateral and innovative financing mechanisms.

The G20 reaffirmed its commitment to the 2030 Agenda for Sustainable Development, its pledge to leave no one behind, and its enhanced shared responsibility in confronting global challenges and interconnected crises, from debt to global inequalities, climate change, and the SDG financing gap.

During her participation, H.E. Dr. Rania Al-Mashat highlighted Egypt's experience in launching the "Country Approaches for Financing Sustainable Development and Climate Action" initiative within the Seville Platform for Action, with the aim of advancing integrated financing frameworks globally.

Egypt co-leads this initiative (alongside South Africa, the United Nations Development Programme, the United Nations Department of Economic and Social Affairs, the Organisation for Economic Co-operation and Development, UNICEF, regional development banks, and others).

Its objectives include 100 countries implementing integrated financing programs or country financing platforms funded by public, private, and philanthropic sources by 2030.

Egypt has already begun joint work with Mexico to understand the mechanism for designing and implementing national platforms.

Regarding stimulating large-scale investments, H.E. Dr. Al-Mashat emphasized the importance of allowing the private sector to play an effective role in development financing, improving governance in international financial institutions, and strengthening the United Nations' role in setting global economic rules.

She also stressed the significance of debt sustainability and updating the basis for calculating Debt Sustainability Analysis (DSA) to ensure a fairer assessment for developing countries, particularly in Africa, and to support these countries with incentive tools and mechanisms to overcome ongoing debt challenges.

In line with the G20 ministers' declaration, which highlights the urgent need to bridge the $4.5 trillion annual SDG financing gap, H.E. Dr. Al-Mashat affirmed the pressing need to expand blended finance and public-private partnerships, and to implement debt-for-development swap programs.

She pointed to Egypt's experience, particularly with Italy, Germany, and China, in providing fiscal space for investment in high-impact projects in food security, women's empowerment, environmental protection, and climate change, making it a successful and replicable model.

Furthermore, between 2020 and May 2025, Egypt successfully mobilized approximately $15.6 billion for private sector financing from international partners, with $4 billion allocated to the private sector within the Country Platform – the "NWFE" program.

Despite the absence of an internationally agreed definition for Global Public Goods, the G20 Ministerial Declaration stressed the urgent need to enable the provision of these goods, along with the importance of taking action to support low-income and developing countries in implementing the 2030 Agenda in accordance with their national priorities and contributing to global well-being. This is what the Development Working Group calls for: enhancing global consensus, research, and cooperation on the protection and provision of Global Public Goods.

The Minister of Planning, Economic Development and International Cooperation reiterated in her speech that development financing and investments in essential sectors represent the cornerstone of sustainable economic and social growth and have a direct impact on human well-being and long-term productivity.

She confirmed the necessity of achieving a common vision in line with the G20 Ministerial Declaration, through mobilizing long-term and affordable financing and rethinking multilateral cooperation. With over $460 trillion in global assets, the potential to bridge SDG financing gaps is within reach – if countries redirect capital towards inclusive and sustainable priorities.

H.E. Dr. Al-Mashat concluded her speech by stating that the outcomes of this Ministerial Meeting must represent the beginning of a practical phase – to translate commitments into tangible progress, moving from policies to practices with strong political will, while ensuring that no country is left behind in our pursuit of a more sustainable and equitable future for all.

It is worth noting that the G20 is the premier forum for international economic cooperation and plays an important role in shaping and strengthening global architecture and governance on all major international economic issues. Its membership includes 19 countries plus the European Union and the African Union. South Africa assumed the G20 presidency from December 1, 2024, to November 2025, and is committed to leading the G20 by focusing on people, development, and solutions in a complex global geopolitical landscape.

This comes against the backdrop of Egypt's pioneering experience – as a middle-income country – in balancing its national priorities.

Distributed by APO Group on behalf of Ministry of Planning, Economic Development, and International Cooperation - Egypt.

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President Yoweri Kaguta Museveni has called for reforms in the United Nations Security Council (UNSC) to give Africa not less than two Permanent Seats with veto power as well as two Non-Permanent Seats in the United Nations Security Council. The call was made during the 6th Summit of the Committee of Ten African Union Heads of State and Government on the Reform of the United Nations Security Council (C-10) held virtually on Friday 25th July 2025. The President's statement was delivered by Amb. Adonia Ayebare, Uganda's Permanent Representative to the United Nations.

The Summit was convened by H.E Dr. Julius Maada Bio, President of the Republic of Sierra Leone, who is also the coordinator of the C-10. The Summit was also attended by Heads of State of Kenya, Equatorial Guinea, Libya, Namibia and Zambia. The Heads of State of Algeria, Congo Republic, and Senegal were ably represented by Ministers.

Since 2005, the C-10 has been working to, on behalf of the African Union, champion the Common African Position (CAP) on the reform of the UNSC. The resolutions of the C-10 will form the African position to be discussed at the United Nations General Assembly and other fora.

President Museveni called on the United Nations to consider the African proposals for fair representation to rectify the historical injustice against Africa which was perpetrated by the exploitative colonial powers. He noted that at the time the United Nations was founded in 1945, Africa had only four (4) Independent States (Ethiopia, Liberia, Egypt and the Union of South Africa) and only these were invited to the San Francisco Conference at which the UN Charter and the Statute of the ICJ were adopted. Currently, Africa has 54 independent States, which forms almost 28% of the UN membership. It is therefore imperative to reform the UNSC to reflect the current realities.

The President urged members of the C-10 and the African Union in general to step up building the “Africa We Want” in accordance with the vision of the African Union, united, cohesive and speaking with one voice  in all aspects of the UNSC reforms.

Distributed by APO Group on behalf of The Republic of Uganda - Ministry of Foreign Affairs.