Dr. Muhammad Al Jasser: Combating poverty has always been a top-priority objective in IsDB’s partnerships

Dr. Muhammad Al Jasser: Combating poverty has always been a top-priority objective in IsDB’s partnerships

"The pandemic prompted us to reinforce our efforts. We have looked into the best kind of cooperation with member countries to reduce poverty, and expanded the partnership with the Oxford Initiative. We also presented an integrated initiative with more development projects,” he added.

Al Jasser said that the Group is happy to see some countries able to reduce their poverty rates and mitigate the negative effect of the pandemic. “Several experiences have helped the affected countries achieve positive results. There is a global consensus that the problems the world is dealing are difficult for governments to handle alone. Accordingly, the efforts of financing institutions, development agencies and civil society must be combined through innovative solutions that enhance social responsibility,” he noted.

During the discussions, Dr. Ahmed Kamali, Deputy Minister of Planning and Economic Development, said that Egypt's experience was focused on monitoring as a way of measuring poverty. He added, "What Egypt is doing in terms of building roads, improving water and services, developing education, enhancing health services, and developing and expanding drainage is implementing serious projects that contribute to reducing poverty rates."

Kamali added that the efforts Egypt made over the past five years focused on the aspect of multidimensional poverty, explaining