22 Aug 2021

The Minister of Planning & Economic Development has revealed some of the government’s targets for FY21/22. The inflation target is 6% versus 13.3% in FY18/19. The unemployment rate target is 7.3% versus 9.6% in FY19/20. The poverty rate is expected to drop to 28.5% versus 29.7% in FY19/20, and the growth rate of the population is expected to decline to 2% versus 2.6% in 2017.

(Source: Zawya (English), al-Maal, Arab Finance, al-Ahram, al-Masry al-Youm, Sada el-Balad)