Egypt targets 5.5% growth in FY17/18

Cairo - Mubasher: Egypt rose expectations for targeted economic growth in the current fiscal year 2017/2018 to between 5.3% and 5.5%, according to minister of planning Hala El Said.

Forecast growth rate for FY18/19 now stands at 6%, the minister said in a press conference on Saturday.

The Egyptian government is targeting a 20% increase in total investments, as well as reducing inflation rates, El Said further added, as reported by Egypt's state news agency MENA. 

Mubasher Contribution Time: 13-Jan-2018 14:44 (GMT)
Mubasher Last Update Time: 13-Jan-2018 15:03 (GMT)