Egypt’s economic growth to record 5.5% in 2019: IMF

Posted by - April 10, 2019

Egyptian economy will grow by 5.5% this year, the International Monetary Fund (IMF) said in its World Economic Outlook (WEO) April 2019. Further, the IMF expected that the country’s economic growth will reach 5.9% in 2020. However, Egypt’s economic growth forecast was estimated at 6% in the fiscal year (FY) 2019/20. The WEO expected that