Egypt's GDP growth at 5.2 pct during Q1 FY2017/18: Planning minister

Reuters , Wednesday 22 Nov 2017

Hala El-Saeed
File Photo: Egypt's planning minister, Hala El-Saeed (Photo: Ahram)

Egypt’s gross domestic product growth in the first quarter of the 2017/2018 financial year climbed to 5.2 percent from 3.4 percent the previous year, the Planning Minister Hala El-Saeid said on Wednesday.

The country expects an economic growth rate of between 5 and 5.25 percent in the current fiscal year ending in June 2018, Finance Minister Amr El Garhy has said previously.

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