Cairo – Mubasher: Egypt’s total investments are expected to reach EGP 942 billion in fiscal year 2018/2019 distributed over different services sectors, Egyptian planning minister Hala El-Said has said.
The minister noted that the North African nation’s economy has started turning a corner over the past four years, state-run news agency MENA reported.
This recovery was driven by the positive steps taken by the Egyptian government, including the reform of the country’s economic and social structure, she highlighted.
Egypt’s total investment in FY16/17 rose 28% year-on-year to EGP 502 billion, compared to EGP 392 billion in the prior-year period, El-Said pointed out.
