(MENAFN) Egypt predicts its GDP to increase by 5 percent by the end of the year and the coming year that started in July, as proclaimed the planning minister.
Accordingly, Finance Minister predicted GDP growth to reach 4.6-4.8 percent in the cited years, while the country's economic growth has worsened since a 2011 uprising.
The country's exports are projected to grow to USD22.5bn by the cited years compared with the USD20.5bn it reached by the end of the previous year.
In addition, Egypt aims whole investment worth USD36.5bn in 2017/18 compared with USD29.92bn in the previous year.
MENAFN2208201700450000ID1095758571
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.