Cairo – Mubasher: Egypt plans to narrow unemployment rate to reach 5%, said Investment Minister Ashraf Salman.
The private sector plays a major role in boosting the country’s growth rate, added Salman on the sideline of economic conference arranged by the American Chamber of Commerce in Egypt.
The private sector offers nearly 70% of the job opportunities in the Egyptian market, noted the minister.
Egypt achieved economic growth rate of 4.2% in the fiscal year 2014/15, up from 2.2% in the previous fiscal year.
