Egypt’s economic growth will be better in 2018: WB Vice President

CAIRO – 27 November 2017: Egypt’s economic growth rates will be better in 2018, the World Bank Group Senior Vice President Mahmoud Mohieldin said on Sunday in a TV show.

Mohieldin added that the economic growth improvement is according to international insinuations projections on the Egyptian economy such as the World Bank and the International Monetary Fund.

“There are three sources will push the growth rates, investment, public expenditure and exports.’’ He pointed out.

Mohieldin also said that the World Bank appreciates that the reform measures are not something good for the Egyptians as reform programs should be followed by measures enable creating more investments and bigger job opportunity. However he expected an improvement in Egypt’s Economic growth.