On Tuesday 22 October, throughout Egypt’s Home of Representatives session, led by Dr. Hanafy Gabali, the home accredited two grants value a complete of 11 million euros (EGP 577 million) from the European Union (EU).
These grants purpose to assist Egypt’s efforts to strengthen youngster safety methods and improve the manufacturing of vaccines and medicines.
The primary grant, totaling 8 million euros (EGP 420 million), is allotted for the “EU Assist for Future Generations” program. This funding will assist enhance Egypt’s nationwide youngster safety approaches by specializing in political, authorized, and institutional frameworks to fight youngster labor.
The grant additionally goals to reinforce youngsters’s entry to important companies corresponding to schooling, healthcare, vitamin, and housing, making a supportive surroundings that protects their rights.
The grants’ goals align with a number of of the United Nations’ Sustainable Improvement Objectives (SDGs) that Egypt is dedicated to, together with No Poverty, Zero Starvation, and Good Well being and Properly-being, by addressing youngsters’s primary wants and making certain equitable entry to important sources.
As for the second grant, valued at 3 million euros (EGP 157 million), it’s going to assist the “Requirements for Enhancing Vaccine and Pharmaceutical Manufacturing Processes and Implementing Well being Applied sciences” mission.
The second grant is designed to sustainably improve native manufacturing of well being merchandise and guarantee truthful entry to those merchandise all through Africa.
Dr. Rania Al-Mashat, Minister of Planning, Financial Improvement, and Worldwide Cooperation, emphasised that these grants mirror the sturdy partnership between Egypt and the EU.
For instance, in March 2023, Egypt and the EU signed a strategic partnership, which included a financing package deal of seven.4 billion euros (EGP 388 billion) to assist inexperienced and sustainable investments till 2027.
