Chinese Amb: Egypt among few countries achieving positive economic growth in 2020

  • Date: 26-Nov-2020
  • Source: Egypt Today
  • Sector:Economy
  • Country:Egypt
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Chinese Amb: Egypt among few countries achieving positive economic growth in 2020

Chinese Ambassador to Cairo Liao Liqiang - photo via Chinese embassy's website





CAIRO - 24 November 2020: Chinese Ambassador to Cairo Liao Liqiang said that the International Monetary Fund (IMF) expected Egypt's economic growth will hit 3.6 percent despite the repercussions of due to the impact of the Coronavirus pandemic.

He added that Egypt is one of the few countries that will achieve positive growth rate in 2020.

The Chinese ambassador expressed in a press conference Tuesday his admiration for the performance of the Egyptian economy despite the spread of COVID-19.

He further said that in November 18, both Egyptian and Chinese health officials got in contact, where the Chinese side affirmed its full readiness to cooperate with Egypt in its battle against Corona.