Egypt’s economy exceeds expectation despite pandemic

Egypt’s economy exceeds expectation despite pandemic

Egypt's economy exceeds expectation despite pandemic

Egypt's economy exceeds expectation despite pandemic

Egypt's economy exceeds expectation despite pandemic

Students are being transported by their family members on motorcycles during the first day of school, following months of closure due to the coronavirus disease (COVID-19) outbreak in the Giza suburb of Awsim, Egypt October 18, 2020. (Reuters)

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Egypt's economy exceeds expectation despite pandemic

The IMF also expects a decline in the overall deficit of GDP to 5.2 percent during 2022-23

Updated 19 October 2020

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CAIRO: Egyptian Finance Minister Mohamed Maait said on Sunday that the financial performance of the Egyptian economy during the coronavirus disease (COVID-19) pandemic exceeded expectations, according to the International Monetary Fund's (IMF) testimony in its Global Economic Outlook report for October 2020.

In an official statement, he said the economic reforms adopted by