This came in an infograph released by IDSC on Tuesday which included the main features the Economist report has tackled on its economic forecasts for Egypt.
The report highlighted a positive projections for the Egyptian economy till the Fiscal Year 2023/2024 after overcoming the impact of the first year of the coronavirus pandemic along with a positive growth due to a rise in exports and revenues of commodities and services.
The Economist also pointed out to a growth in the exports of commodities and services at 13.5 percent during the current fiscal year 2021/2022 compared with 8.5 percent in the previous FY 2020/2021.
The report also referred to a notable progress in exports and revenues of commodities which lead to better forecasts during the fiscal year 2021/2022, adding that the sectors of energy and construction would remain the basic propellers in the coming phase.
The report also expected a recovery of tourism, exports and other services in the coming phase.
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