Egypt targets growth of 4-7% annually

  • Arab Republic of Egypt
  • 30 December 2024
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Egyptian Prime Minister Dr. Mostafa Madbouly confirmed the state's ability to maintain stability, safety and security, and to try as much as possible to continue achieving growth rates for the Egyptian economy.

He noted during his meeting with a number of investors that "despite the various difficult circumstances, the Egyptian economy has been growing positively," noting that "growth rates over the past two years were not as hoped for and targeted, but the state's vision and the continuation of implementing various measures and steps related to economic reform give more hope for achieving the targeted growth rates that exceed 4%, and then reaching rates of 6 and 7%."

Source (Emirati Al Khaleej newspaper, with modifications)

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