During the meeting, Said said preliminary indicators affirmed that the performance of the Egyptian economy achieved a growth rate that amounted to 9.8 percent during the first quarter of the current fiscal year, the highest annual quarter rate over two decades compared to 0.7 percent in the first quarter of fiscal year 2020/2021, a matter that reaffirmed the good performance of the economy.

The minister expected the annual growth rate to reach between 5.5 percent and 5.7 percent by the end the current fiscal year prompted by the growth rate achieved in the first quarter.