{"id":319365,"date":"2022-10-14T14:09:41","date_gmt":"2022-10-14T17:09:41","guid":{"rendered":"https:\/\/anba.com.br\/?p=319365"},"modified":"2022-10-18T15:56:41","modified_gmt":"2022-10-18T18:56:41","slug":"egypts-economy-to-grow-4-8-in-fy-2022-2023","status":"publish","type":"post","link":"https:\/\/anba.com.br\/en\/egypts-economy-to-grow-4-8-in-fy-2022-2023\/","title":{"rendered":"Egypt\u2019s economy to grow 4.8% in FY 2022\/2023"},"content":{"rendered":"

Cairo \u2013 In the latest report, the World Bank expects Egypt to achieve a growth rate of 4.8% in 2022\/2023, which is the best rate among the most important economies in the Middle East and North Africa.<\/p>\n

The report revised up the expectations for the country\u2019s economic indicators. The fiscal deficit rate was revised down to 6.7% in October 2022 from 7.3% last April, while current accounts compared to the GDP for 2022-2023 were revised down to 4.1% in October 2022 from 5% in April.<\/p>\n

Developing oil importers are expected to grow on average by 4.5% in 2022 and 4.3% in 2023, with Egypt in the lead after reporting a 6.6% growth for the previous fiscal year which was driven by gas exports, telecoms, and tourism.<\/p>\n

Iraq is expected to register a growth of 4.3%, the United Arab Emirates 4.1%, Morocco 4%, Oman 3.9%, Saudi Arabia 3.7%, Qatar 3.4%, Tunisia 3.3%, Bahrain 3.2%, Palestina 3%, Kuwait 2.5%, Algeria and Jordan 2.3%, and Iran 2.2%.<\/p>\n

Translated by Georgette Merkhan & Guilherme Miranda<\/strong><\/p>\n

\u00a9Mattes Ren\u00e9\/AFP<\/div>\n","protected":false},"excerpt":{"rendered":"

The World Bank expects that Egypt will achieve the highest growth rate among the most important economies in the Middle East and North Africa.<\/p>\n","protected":false},"author":2339,"featured_media":319263,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[91],"tags":[9803,17901,35724,35727,35726,35723,35725],"class_list":{"0":"post-319365","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-egypt-en","9":"tag-egito-en","10":"tag-egypts-economy","11":"tag-gdp-egypt","12":"tag-growth-egypt","13":"tag-report-world-bank","14":"tag-world-bank-egypt"},"wps_subtitle":"The World Bank expects that Egypt will achieve the highest growth rate among the most important economies in the Middle East and North Africa.","_links":{"self":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/319365","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/users\/2339"}],"replies":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/comments?post=319365"}],"version-history":[{"count":0,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/319365\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/media\/319263"}],"wp:attachment":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/media?parent=319365"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/categories?post=319365"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/tags?post=319365"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}