The World Bank expected Egypt’s real gross domestic product (GDP) to rebound to 5.8% by 2022, according to an official report. The COVID-19 pandemic's impact is forecast to spread across fiscal years (FYs) 2019/2020 and 2020/2021, the report indicated, noting that “growth is expected to have remained positive.” Egypt’s GDP stood at 5.6% in FY 2018/2019, yet estimates indicated a decline to 3.5% in FY 2019/2020, the report added. The ...