Egypt targets 6-7% economic growth in coming three years – PM

Cairo – Mubasher: The Egyptian Prime Minister, Mostafa Madbouly, said that the country targets an annual economic growth rate of 6-7% in the coming three years as part of a structural reform plan.  

The government aims to achieve a primary surplus of 2% and slash the budget deficit to 5.5%, Madbouly said at a press conference on Tuesday.

These statements came on the sidelines of launching the second phase of the economic reform programme.

The program aims to overcome internal and external shocks and achieve sustainable growth through focusing on manufacturing, agriculture, and communications and information technology sectors, the Minister of Planning, Hala El-Saeed, noted.

 

Mubasher Contribution Time: 28-Apr-2021 08:01 (GMT)
Mubasher Last Update Time: 28-Apr-2021 13:53 (GMT)