3.2% expansion projected for Egypt’s 2020/21 GDP: FocusEconomics – ZAWYA

3.2% expansion projected for Egypt’s 2020/21 GDP: FocusEconomics – ZAWYA

3.2% expansion projected for Egypt's 2020/21 GDP: FocusEconomics. Egypt's total investment wil grow 5.3% in FY 2020/21, down 0.5 percentage points from last month's forecast, and 9.7% in FY 2021/22.. "Our panellists see inflation averaging 5.7% in CY 2020, which is down 0.4 percentage points from last month's forecast, and 7.2% in CY 2021," the report said.. "The next monetary policy meeting is scheduled for 25 June, and interest rates are seen remaining low going forward as the CBE aims to support economic growth and inflation," FocusEconomics said.. Regarding the exchange rate, the research institution sees the pound ending CY 2020 at EGP 16.43 per US dollar and CY 2021 at EGP 16.59 per US dollar..