IMF raises expectation for Egyptian economy growth to 3.5% in 2020

  • Date: 14-Oct-2020
  • Source: Egypt Today
  • Sector:Economy
  • Country:Egypt
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IMF raises expectation for Egyptian economy growth to 3.5% in 2020

International Monetary Fund (IMF) - REUTERS







CAIRO – 13 October 2020: The International Monetary Fund (IMF) raised its forecasts for the growth indicators of the Egyptian economy during the year 2020.

 

The IMF expected in the October issue of the World Economic Outlook, an increase in the growth rate of the Egyptian economy to 3.5 percent, so that Egypt would