Make MENAFN My Home Page
 
  Quotes: MENA   Enter Symbol: NewsLetter: Search: advanced

Egypt eyes economic growth between 4-5.8 percent in 3 years  Join our daily free Newsletter

MENAFN - 06/07/2014
No. of Ratings : 0
Add to Mixx!


(MENAFN) Egypt's Finance Minister said his country is targeting economic growth of between 4 and 5.8 percent over the next three years, while holding the budget deficit at 10 percent, The Peninsula #Qatar reported

That would be a marked acceleration from 2.1 percent in the fiscal year ending June 2013 and the rate above 3 percent targeted this fiscal year. New President has said growth should ach 7 percent by June 2018


"As we expect the additional spending on health and education will offset the effects of the annual reforms in energy (subsidies)," the minister added

Spending on health is due to increase by 22.7 percent this year, and education spending by 13.3 percent, as the government seeks to fulfil social justice pledges written into the newly approved constitution


 
 


MENAFN




Loading, Please wait....


 





Google

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country

Search News
Market Indices
Quotes & Charts

Global Indices
Arab Indices

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Economic Calendar
Financial Glossary


Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2014 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help