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Egypt sees growth at 3% in H2 of FY 2014/15: Minister

Ahram Online , Wednesday 13 May 2015
Al-Araby
Al-Araby was Egypt’s minister of planning and international cooperation (Photo: Al-Ahram)
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Egypt expects growth to reach 3 percent in the six months to the end of June this year, Planning Minister Ashraf Al-Araby was quoted by state-owned news agency on Wednesday.

The fiscal year is expected to end with an average economic growth of 4 percent, he added.

Following a popular uprising in 2011 against Hosni Mubarak, economic growth slowed to two percent before recovering to 5.6 percent in the first half of the current fiscal year.

 

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