Egypt's government approved on October 2 an agreement worth USD 1.2 bn with the United Nations Partnership Development Framework (UNPDF), covering the period from 2018 to 2022
The Arab Monetary Fund (AMF) expected the Egyptian economy to grow by 5% and 5.5% in 2018 and 2019 respectively, on the back of the country's ongoing economic reform program
Net foreign reserves at the Central Bank of Egypt (CBE) increased to USD 44.42 bn at the end of August, an increase of USD 104.3 bn versus USD 44.315 bn at the end of July
Egypt is going through a phase of economic prosperity across the board, particularly in the construction sector, with over 1,400 construction projects being implemented with investments valued at USD 348.2 bn
Egypt’s Ministry of Finance (MoF) announced that the state’s budget deficit has surged by 14.2% year-on-year (Y-o-Y) in the first eight months of FY 2017-18
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