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Central Bank of Cairo

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Analysts expected Egypt’s gross domestic product (GDP) growth to slow to 5.5 percent in the 2021/22 fiscal year.
October 26th, 2019 - 01:00 GMT

Egypt’s Economy to Grow at 5.5 Percent in Fiscal Year 2019/20

Egypt’s economy is expected to grow 5.5 percent in the fiscal year that began on July 1 and 5.7 percent the following year, a Reuters poll showed, as Cairo wraps up an IMF-backed economic reform program. {"preview_thumbnail":"https://cdn.flowplayer.com/6684a05f-6468-4ecd-87d5-a748773282a3/i/v-i-4…","video_id":"4e8dbd33-5fd5-480c-9ed1-b944b8f49d76","player_id":"8ca46225-42a2-4245-9c20-7850ae937431","provider":"flowplayer","video":"Top 10 World’s Workplaces 2019"} The forecast growth for the current fiscal year was below the government’s target of 6-7 percent and slightly under last year’s reported growth of 5.6 percent. Forecasts were similar ...
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