Cairo – Mubasher: Egypt’s gross domestic product (GDP) grew 4.2% in the fiscal year 2014/15, against 2.2% in FY13/14, according to a report compiled by the Ministry of Finance.
The country's unemployment rate recovered slightly, as it narrowed to 12.8% for the first quarter of FY15/16, compared with 13.1% for the same period a year earlier.
Meanwhile, the country's annual inflation rate stood at 9.3% in Q1-FY15/16, compared with 10.9% for the similar period of the previous year
In the same vein, the country's tax revenues grew 25.2% in the four-month period from July to October FY15/16, stated the report.
