we confuse discomfort with unhappiness, little do we know that sometimes, discomfort is an indicator to bigger things coming, change for a better, and a journey in the right path.
The bank stated that growth in Egypt slowed from 3.6 percent to 3.3 percent in the fiscal year ending June 2021.
The pandemic is expected to be contained by mid-2021 as a result of discovering vaccines and making them available.
The economic and social plan of 2021/2022 by the minister of planning outlines promising figures as part of the medium-term sustainable development (2018/2019-2021/2022).
The success of economic reforms contributed to mitigating the effects of the Corona pandemic: Says Hala El-Said
Real GDP in the MENA region is now expected to grow 4 percent in 2021, up from the fund’s October projection of 3.2 percent.
Spokesperson of the Ministry of Health and Population Khaled Megahed revealed Sunday that the net growth of population per 1,000 individuals dropped.
The perception of international institutions is still positive towards the Egyptian economy, minister of planning highlights.
IMF also praised Egypt's proactive and targeted response to the economic repercussions of the Coronavirus.
Five sectors will majorly contribute in such improvement.
In her speech, El-Said reviewed the development experience of Egypt in recent years and the efforts of the Egyptian state to achieve economic reform,
Abdel Qawi's statements came in a conference held to examine possible partnerships between the government and the civil society.
The statements came in the second edition of the 2020 Economic Summit for Egypt.
The report speculates that the world can possibly experience a "lost decade."
The minister stated the move reflects an international confidence in the stability and solidity of the Egyptian economy.
Prime Minister Mostafa Madbouli delivered Sunday a speech at the House of Representative.
The growth of those countries combined is expected to be -1% down from 2.8% in 2019.
That is by virtue of the economic reform program undertaken by the state since 2016.
"What the Egyptian state is doing now is not just creating solutions to problems. It’s a fight for survival," the president asserted.
Prime Minister Mostafa Madbouli presented on Monday the challenges facing the Egyptian state and the key projects undertaken to mitigate their impact.