Cairo – Mubasher: Egypt is working on developing the business environment to provide 900,000 jobs a year, the Egyptian prime minister said.
The country’s population grows by around 2.2 to 2.5 million people, Mostafa Madbouli added in his speech during the 27th edition of the Arab Economic Forum being held in Beirut.
The government has provided over 4 million jobs over the past three or four years, which has slashed unemployment rate to 8.9% from 13% this year, Madbouli highlighted.
Madbouli previously declared that Egypt aims to reduce the unemployment rate to 9% in fiscal year 2019/2020
In February, Madbouli revealed that Egypt’s unemployment rate fell to 9.9% year-on-year in 2018.
