Egypt’s economic growth to reach 3.5% year-end
Wednesday, 10 21 2020, Category: Economy, Country: Egypt
Egypt’s real gross domestic product (GDP) growth is expected to stand at 3.5% by the end of 2020, Ahram Online cited Fitch Solutions’ recent insights for MENA region economy on October 18th.
The new forecast is higher than the 3.4% announced last September for the current fiscal year 2020/2021, Fitch added.
The credit and macro intelligence provider projected interest rates in the country to stand at 9.75%.