Egypt Upgrades GDP Growth Forecast for FY21/22 to 6%

Giving More to Your Wealth
01 Feb 2022

The Minister of Planning & Economic Development revealed that she expects Egypt’s economy to grow by over 6% in the current fiscal year FY21/22. The previous official forecasted growth rate was 5.6%. During 1Q21/22, growth registered a stunning 9.8%, with the economic recovery from Covid in full force.

(Source: Reuters (English), Zawya (English), al-Maal, al-Dustour, al-Sharq Business)

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