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Egypts GDP

GDP to grow 5.3% with sustainable growth to come from private sector’s engagement: S&P

In its latest report on Egypt’s economic conditions, which particularly focused on Egypt’s monetary policy, S&P added that public investment could also cause fiscal and external deficits

Egypt’s GDP to grow 5.5% in FY 2020/2023: Fitch Ratings

The numbers are lower than the agency’s previous expectations, where forecasted that Egypt’s GDP could reach 6% in 2022

Moody’s maintains Egypt’s B2 rating with a stable outlook, economy to grow 5.5%

In a separate statement, Minister of Finance Mohamed Maait pointed out that the decision reflects continued confidence for the Egyptian economy

Egypt’s public investments up 50.5% YoY, treasury-financed investments up 28% YoY:FinMin

The latest allocated state budget is 6x higher than previously set aside in FY 2013/2014

Egyptian economy expected to grow 5% by June 2022: Reuter’s Poll

Egypt maintained a large trade deficit that climbed to 9% at the end of March 2021, reaching $30.6 billion