This week, a conference in Egypt between government and private sector representatives resulted in a document with guidelines for progressing the local economy.
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The Egyptian Minister of Planning and Economic Development, Hala El-Saeed, reviewed the preliminary indicators of the country’s economic performance from July through September.
The International Monetary Fund announced the deliverance of USD 1.6 billion to the country, concluding a USD 5.2 billion agreement. The organization reemphasized the sound prospects for the Egyptian economy, expected to grow 2.8% in the current fiscal year and 5.2% in the next.
