growth rate

Egypt’s Finance Minister sets priorities of reform for the next phase
Business

Egypt’s Finance Minister sets priorities of reform for the next phase

Egyptian Finance Minister Mohamed Maait announced on Sunday that the priorities of economic reform in the Egyptian government during the…
Egypt’s deposit and lending interest rates declines by 1.5 percent: Report
Business

Egypt’s deposit and lending interest rates declines by 1.5 percent: Report

The Cabinet’s Media Center highlighted an infographic report on Sunday showing that the Central Bank of Egypt (CBE) has reduced…
Tourism growth rate reached 16.5% during 2018: Minister
Business

Tourism growth rate reached 16.5% during 2018: Minister

Egyptian Tourism Minister Rania al-Mashat said on Monday that the World Travel and Tourism Council (WTTC) conducted a study revealing…
Egypt new budget aims for 6.5% growth, 10.9% inflation: Finance Minister
Economy

Egypt new budget aims for 6.5% growth, 10.9% inflation: Finance Minister

  Egyptian Minister of Finance Mohamed Maait announced the country’s new 2019/2020 budget, in a statement sent to all governmental…
How does Egypt reach an 8% growth rate?
Opinion

How does Egypt reach an 8% growth rate?

I am not accustomed to attending embassy celebrations on the national days of different countries. There are more than 100…
Egypt targets 5.9% growth rate for 2019, exceeding IMF, World Bank projections
Business

Egypt targets 5.9% growth rate for 2019, exceeding IMF, World Bank projections

Egypt’s Minister of Planning Hala al-Saeed said that the government aims to reach growth rate of 5.9% in 2019. Saeed…
Draft budget expects 5.8% growth rate, decreased budget deficit
Economy

Draft budget expects 5.8% growth rate, decreased budget deficit

Prime Minister Sherif Ismail received on Wednesday the draft budget for the 2018/19 fiscal year, and said in a Cabinet…
Egypt’s economy growth rate to reach 4.8% in FY2017/18: IMF
Economy

Egypt’s economy growth rate to reach 4.8% in FY2017/18: IMF

The growth rate of Egypt’s economy increased from 3.5 percent in the fiscal year 2015-2016 to 4.2 percent in fiscal year…
IMF expects Egypt’s growth to reach 5.3% in 2019
Business

IMF expects Egypt’s growth to reach 5.3% in 2019

The International Monetary Fund (IMF) expects Egypt’s growth rate to reach 5.3 percent with inflation falling to 13.5 percent by…
Growth rate of Egypt’s exports reaches 7.4% in 2016
Business

Growth rate of Egypt’s exports reaches 7.4% in 2016

Egypt’s non-petroleum exports increased by 7.41 percent in 2016, compared to the rate of exports achieved in 2015, reaching US$19.118…
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