Economic Indicators
This conference came as a result of implementing President Sisi's directives, especially since the crisis is expected to last longer than expected, according to Prime Minister Mostafa Madbouli.
The economic growth rate stabilized during the first quarter of the fiscal year to reach 5.6 percent, which is one of the important indicators during this period.
Minister of Planning Hala al-Saeed, said the growth rate of the Gross Domestic Product (GDP) for the fiscal year 2018/2019 reached 5.6 percent — the best in 11 years.
Egypt embarked on a bold economic reform program that included the introduction of taxes and cutting energy subsidies to trim the budget deficit.
Minister of Planning Hala Al-Saeed said that Egypt's Gross Domestic Product (GDP) is projected to reach 4 percent for the fiscal year 2016/17.
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