Multilateralism, stakeholder engagement will boost Middle East economic recovery: Al-Mashat

CountryMiddle east

Egypt’s Minister of International Cooperation Rania Al-Mashat participated in the Palestinian-Jordanian Business Forum, last Tuesday, at the invitation of Prince El Hassan of Jordan.Participants at the forum discussed the significant challenges the Middle East is currently facing due to the novel coronavirus (COVID-19) pandemic, and how the region can find methods of recovery.The virtual meeting was attended by over 100 participants, including leaders and representatives from the region’s private sector and academic community.In her speech, Minister Al-Mashat highlighted that the dramatic effects of the pandemic have pushed policymakers, civil society and citizens to search for innovative solutions. This has accelerated the implementation of structural reforms on digital transformation and the formalisation of the informal labour force. The pandemic has also ensured an increase in social safety nets, and placed greater more...