United States provides $ 125 million in economic aid to Egypt
November 1, 2021
Cairo – The United States government, through the United States Agency for International Development (USAID), and the Department of International Cooperation announced on November 1 seven changes to bilateral assistance agreements worth $ 125 million. This investment demonstrates the continued support of the American people for shared priorities between the United States and Egypt, including education, health, trade and investment, governance, agribusiness, scientific research and empowerment of women.
US Ambassador Jonathan Cohen said, âToday’s announcement of US $ 125 million in economic aid to Egypt builds on the government’s US $ 30 billion investment. American in Egypt over the past 40 years, which has provided clean water and sanitation services to 25 million Egyptians, eradicated polio, stimulated entrepreneurial activity, preserved historic sites, provided thousands of scholarships universities, built thousands of schools and trained more than 100,000 teachers.
For her part, the Minister of International Cooperation HE Dr. Rania A. Al-Mashat said that the Egyptian government applauds the strategic and historic cooperation with the United States of America, which strengthens and supports the efforts of the government to achieve Egypt’s Vision 2030 and the United Nations Sustainable Development Goals (SDGs); and advancing private sector engagement. Al-Mashat also referred to Egypt’s leadership in green transformation and climate action; noting that the government is making progress in the economic empowerment of women, such as the launch of the Gender Gap Accelerator. The minister added that these two areas represent a good opportunity to broaden the horizon of future cooperation with the United States Agency for International Development.
This $ 125 million in economic assistance builds on the more than $ 30 billion the American people have invested in Egypt through USAID since 1978. To learn more about USAID’s work in Egypt, please see https : //www.usaid.gov/egypt and follow on Facebook and Twitter at @USAIDEgypt.