Cairo – Mubasher: Egypt is looking to achieve a sustainable economic growth rate of 5.8% during fiscal year 2020/2021 although global economic growth is expected to further slow down to 2.5% in 2020 from 2.6% in 2019 and 3% in 2018, the country’s minister of planning and economic development Hala El-Saeed said.
In addition, the North African nation also aims to create nearly 850,000 jobs to keep unemployment rate steady at 8%, she added in a statement on Tuesday.
Moreover, macroeconomic investments are planned to reach EGP 1.3 trillion in the coming fiscal year, of which 55% which will be public investments.
