Communications sector contributed in GDP by LE 80.1B: minister

CAIRO - 25 December 2018: Communications and Information Technology Minister Amr Talaat said Monday the communications sector contributed in the Gross Domestic Product (GDP) by LE 80.1 billion in the 2017/2018 fiscal year, compared to LE 70.2 billion in the previous year.

The growth rate reached 14.1 percent in 2017/2018, against 12.5 percent in 2016/2017, Talaat said.

He said that an unprecedented growth rate was achieved during the first quarter of the current fiscal year (July - September 2018), without giving estimates.

The minister was addressing an economic conference.