Economic Performance
During a Cabinet meeting held Wednesday under Prime Minister Mostafa Madbouli, Saeed said the key objectives sought by the government include achieving inclusive and sustainable economic growth as well as increasing decent work opportunities for all.
Chinese Ambassador to Cairo Liao Liqiang said that the International Monetary Fund (IMF) expected Egypt’s economic growth will hit 3.6 percent despite the repercussions of due to the impact of the Coronavirus pandemic.
Egypt’s gross domestic product (GDP) rate is forecasted to reach 4 percent during the past fiscal year.
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