DAI GLOBAL, LLC
The Egypt Macro-Economic Stabilization and Reform (MESR) project is a five-year initiative beginning in April 2018 and ending in April 2023.
2020 · 29 pages

Abstract
The project is designed to support the Government of Egypt's (GOE) reform efforts included in the GOE's agreement with the International Monetary Fund (IMF). The reforms aim to address macroeconomic imbalances that negatively impact the ability of enterprises to grow and become more competitive. The project's primary objectives are to improve public investment planning, implementation, and monitoring, and to upgrade the effectiveness of public financial management. The project's primary counterparts are the Ministry of Planning and Economic Development (MPED) and the Ministry of Finance (MOF). The project engages with other stakeholders and counterparts, including business associations, civil society organizations, and other private sector representatives. The project organization is aligned to address each of the primary objectives, and the workplan activities have been developed to recognize the need for coordination and leveraging of activities to gain momentum for reforms and maximize potential for success and sustainability. The MESR activity strategic approach builds on lessons learned from similar programs and incorporates four mutually reinforcing principles to achieve sustainable reform. The first principle is to build sustainability through local ownership, where local change agents are identified and leading to ensure the sustainability of activities. The second principle is to promote continuous improvement, where reforms create continuous improvement systems by documenting processes and procedures, training staff, auditing, and promoting local ownership. The third principle is to design and implement adaptive programming, where project resources are focused on activities that produce results and redirected as needed to maximize return on investments. The fourth principle is to support inclusive reform, where the impact of macroeconomic policies and reforms and public investments on disadvantaged and vulnerable groups is assessed and promoted. The project's training plan for year three focuses on improving public investment planning, implementation, and monitoring, and upgrading the effectiveness of public financial management. The training plan is organized by work plan results, with five objectives and corresponding results. Objective 1 aims to improve public investment planning, implementation, and monitoring, with results including strengthened capital investment appraisal and decision support mechanisms, suitable alternative financing schemes, and improved process flows related to public investment management and finance. Objective 2 aims to upgrade the effectiveness of public financial management, with results including improved cash management, improved effectiveness and efficiency of the budgeting process, and improved tax administration and forecasting system. The project's training plan for year three includes training activities for staff at the MPED and MOF, as well as other stakeholders and counterparts. The training activities are designed to build the capacity of staff to implement reforms and achieve the project's objectives. The training plan also includes on-the-job training and technical assistance to support the implementation of reforms and the achievement of project objectives. The project's training plan for year three is aligned with the Sustainable Development Strategy 2030 (SDS 2030) and the IMF program. The project's activities are designed to support the GOE's reform efforts and promote sustainable economic growth and poverty reduction. The project's training plan for year three is a critical component of the project's overall strategy to achieve sustainable reform and promote inclusive economic growth and poverty reduction. The project's training plan for year three includes a range of training activities, including training on public investment planning, implementation, and monitoring, and training on public financial management. The training activities are designed to build the capacity of staff to implement reforms and achieve the project's objectives. The training plan also includes on-the-job training and technical assistance to support the implementation of reforms and the achievement of project objectives.
Classification
USAID DEC