Egypt Eyes Economic Growth Rate of 5.5-6%

Egypt Eyes Economic Growth Rate of 5.5-6%

The government is eyeing an economic growth rate of 5.5-6% in the coming years with its current economic policies and reform program, Invest-Gate reports.

“Such policies will enable the country to compete globally, reduce inflation, cut budget deficit and boost the country’s economy,” says Minister of Finance Amr El-Garhy, according to a released statement .

However, El-Garhy adds that several challenges are still facing the national economy, which has negatively been affected by previous policies of successive governments.

Fatma Khaled 379 Posts

An aspiring journalist always seeking to deliver the best of everyday's news. I am a very enthusiastic Egyptian who is committed to journalism and what I could give as a journalist/ writer through reporting on business and political news.


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