{"id":50992,"date":"2015-05-13T19:38:00","date_gmt":"2015-05-13T21:38:00","guid":{"rendered":"https:\/\/escaesco.com.br\/lab\/anba\/egypt-targets-5-growth\/"},"modified":"2019-06-30T13:00:10","modified_gmt":"2019-06-30T16:00:10","slug":"egypt-targets-5-growth","status":"publish","type":"post","link":"https:\/\/anba.com.br\/en\/egypt-targets-5-growth\/","title":{"rendered":"Egypt targets 5% growth"},"content":{"rendered":"<p>S&atilde;o Paulo &ndash; Egypt&rsquo;s minister of Planning, Ashraf El-Araby, said this Wednesday (13th) that the North African country set the target of reaching 5% growth&nbsp;in the next fiscal year, which starts on July 1st. The information was released by the minister to the Egyptian news agency <em>Mena<\/em> and published by the newspaper <em>Al Ahram<\/em>. The government expects that in the current fiscal year, which ends June 30th, Egypt will have grown 4%. <\/p>\n<p>Egypt expects to invest US$ 54.4 billion in the next period. From this total to be invested, US$ 23.5 billion will come from public funds and the other US$ 30.9 billion from the private sector. The government of president Abdel Fattah El-Sisi expects the country to keep growing in the next few years and for the Gross Domestic Product (GDP) to post an expansion of 6% in the 2018\/2019 fiscal term. <\/p>\n<p>Some of the measures taken by the government to resume growth and reduce the budget deficit were fuels and energy subsidy cuts, besides the creation of new taxes. <\/p>\n<p><strong>*Translated by S&eacute;rgio Kakitani<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Minister of Planning said that the goal will be reached in the next fiscal year, which starts in July.<\/p>\n","protected":false},"author":2316,"featured_media":0,"comment_status":"closed","ping_status":"open","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":[],"class_list":{"0":"post-50992","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-economy"},"wps_subtitle":"Minister of Planning said that the goal will be reached in the next fiscal year, which starts in July.","_links":{"self":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/50992","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\/2316"}],"replies":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/comments?post=50992"}],"version-history":[{"count":0,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/50992\/revisions"}],"wp:attachment":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/media?parent=50992"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/categories?post=50992"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/tags?post=50992"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}