Dark Mode
Wednesday, 20 November 2024
Logo
Prime Minister Mostafa Madbouly : Expects The Egyptian Economy To Grow Eight Percent Annually By 2022
Egypt says economy to grow eight percent annually by 2022

The Egyptian government expects growth to gradually pick up to eight percent by 2022, Prime Minister Mostafa Madbouly said on Sunday in a meeting of Arab central bank governors


In July, Madbouly said gross domestic product (GDP) grew 5.6 percent in the 2018/19 fiscal year.


Barring the oil industry, Egypt’s economy has struggled to attract foreign investors since the 2011 uprising that ended Hosni Mubarak’s 30-year rule.