24 Jul 2022

Government Targets 5.5% Growth in FY22/23

The Minister of Planning & Economic Development said in a press statement that the government plans to achieve 5.5% GDP growth in FY22/23. She added that total investments are expected to amount to EGP1.4tn, compared to EGP1.2tn in FY21/22. The figures announced represent highlights from the Ministry’s annual report on the data and foundations of the government’s economic and social plan for FY22/23. (Sources: Ministry of Planning & Economic Development (English) (Arabic), Sada el-Balad (English), al-Borsa, al-Ahram, al-Youm al-Saabe, al-Dustour)