Latest in Tag: GDP Highlight
Latest in Tag: GDP
Competitive neutrality to increase GDP by 2.5%: CPA chief
Competitive neutrality is critical necessity to encourage investment, innovation, says Momtaz
Government works on putting debt-to-GDP ratio on downward path: Finance Minister
Maait said: “We will continue our efforts to put the debt-to-GDP ratio on a downward path, reduce its burdens, and develop public financial management, by pursuing more flexible fiscal policies that are able to deal positively with internal and external shocks, and achieve economic and development goals.”
Egyptâs GDP to expand 4.5% in FY 2023: FocusEconomics
Overnight deposit rate is projected to reach 11.9%, 11.5% in CY 2022, 2023, respectively
Egyptâs industrial sector contributes 11.7% of GDP
Industrial production recorded EGP 982bn in 2021
Egypt’s food industries contributes 24.5% of GDPÂ
Chamber of Food Industries recommends financing factories to comply with requirements for food safety
Egypt’s GDP projected to expand 5.6% in FY 2022: FocusEconomics
Inflation jumped to near three-year high of 10.5% in March
MENAâs fragile recovery continues, real GDP projected to expand by 4.1% in both 2021 and 2022: IMF
After contracting by 3.2% in 2020, real GDP in the MENA region is projected to expand by 4.1% in both 2021 and 2022, upward revisions of 0.1 and 0.4 percentage points since April, respectively, the fund projected.
Real estate likely to be Egyptâs largest source of GDP
Egyptâs real estate investment and urban development account for 16% of GDP
Egyptâs GDP growth projected to climb to 5.4% in 2021: UN economic report
Egypt remains foremost African recipient of Foreign Direct Investment in 2020, says UNCTAD
2020 Egypt economy contracts 1.1%, but 6.1% recovery projected in 2021: ESCWA
COVID-19 caused losses of about $140bn for Arab region in 2020, says UN commission
Egypt’s central bank leaves interest rates on hold
Central Bank of Egypt new inflation target has been set at 7% (±2%) on average in the fourth quarter of 2022
Developing 1m residential units can increase Egyptâs GDP by EGP 2trn annually: Hisham Talaat Moustafa
Hisham Talaat Moustafa said that talks over launching a mortgage finance initiative for under-development units are very good, but outlook must be broader
Egyptâs GDP growth projected at 2.8%-3.5% in FY 2020/21: Finance MinisterÂ
“The growth could be coming from many promising sectors which we are focusing on, the foremost of which is the construction sector, which I believe is still giving us good outcome,” Maait said.
Egyptâs GDP to expand 2.6% in 2020/21, 5.1% in 2021/22: Focus Economics
Egyptâs GDP is projected to expand 2.6% in fiscal year (FY) 2020/21, and 5.1% in FY 2021/22, Focus Economics has revealed.
HSBCâ economists forecast 2.4% GDP growth in Egypt in 2020: Regional CEO Tricaud
GCC economies to shrink on average by 5.6% y-o-y in 2020, before they rebound to show growth of 3.9% y-o-y in 2021, HSBC predicts
Egypt’s health spending up to 3% of GDP in FY 2020/21: Maait
Allocations for education sector have been increased to 6% of GDP, says Finance Minister
Egypt targets 16.5% tax-to-GDP ratio within 5 years: Finance Minister
Countryâs tax system is witnessing “development revolution” under President Al-Sisi, says Maait
Egypt’s real GDP to reach 6.4% in FY 2021/22: IMF Â
IMF downgrades expectations for Egyptâs FY 2020/21 financing needs to $42bn, up from $35.8bn pre-COVID-19 forecast in same period
Egyptâs real GDP growth projected to reach 6.5% in FY 2021/22: IMF
Inflation expected to jump to about 8% on average in FY 2020/2021, from 5.8% y-o-y in FY 2019/20, says IMF
Egypt to see GDP grow 2.5% in FY 2020/21: FocusEconomics
Unemployment rate to drop to 9.7% in FY 2021, down from 10.2% in FY 2020
UK GDP sees slight growth in May after record slump
Earlier figures showed that UK GDP plunged by 20.4 percent in April compared with the previous month, hitting the biggest monthly fall since 1997
3.2% expansion projected for Egyptâs 2020/21 GDP: FocusEconomics
Stateâs total investment to grow 5.3% in FY 2020/21, 9.7% in FY 2021/22, economic analysis provider expectsÂ
Egyptâs GDP growth forecast at 3% in FY 2019/2020: World Bank
Real economic growth would hit 5% during Q3 of FY 2019/2020, says El-Said
Egypt to see GDP expand 2.5% in FY2020, 3.7% in FY2021: FocusEconomics
Inflation to average 6.1% in CY 2020, 7.3% in CY 2021, report expects
Egyptâs GDP grows 5% in 3Q FY 2019/20: Minister of Planning
Earlier, the minister revealed that two scenarios have been put in place that project what may happen as a result of the virus pandemic.
COVID-19 to slash global economic output by $8.5 trn next 2 years: UN
The report estimates that GDP growth in developed economies is expected to plunge to minus 5% in 2020 due to COVID-19 pandemic
Egyptâs GDP to grow 3.5% in FY 2020/2021 if COVID-19 ends: El-Said
Ministers of Planning, Immigration hold videoconference discuss investments with Egyptian businesspeople abroad
Sub-Saharan Africaâs economy to contract by 1.6%: IMF
Decline due to coronavirus outbreak, lower-than-expected commodity prices, says report
IIF expects Egyptâs GDP to reach 3.2% in 2020
Institute projects economic contraction in emerging markets this year, with global GDP growth of -2.8%
Real GDP to remain strong, grow 5.9% in FY19/20 from 5.6% in FY18/19
Interest rates to be cut by 200 bp by year end, to continue to drive down borrowing costs for local firms