The trade balance deficit amounted to $1.93 billion in December 2022, compared to around $4.2 billion recorded in December 2021, driven by a 28% drop in the value of imports
The new decree, presidential decree no.67 for 2023, is part of efforts to boost the local manufacturing industry
Data on the non-oil merchandise trade deficit revealed an uptick of $2 billion to $9 billion during the July-September period, compared to $11 billion recorded in Q1 FY2021/2022
Egypt has been working on developing its production and export sector to reach its goal of $100 billion in exports
For 2023, ECMI head George revealed that the council is aiming to boost exports by no less than 30%
