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FinancialNews


  • 18-01-20

    Egypt's GDP expansion estimated at 5.8 percent in 2020

    (MENAFN) As said by United Nations World Economic Situation and Prospects (WESP) 2020, Egypt is having strong GDP expansion, expected at 5.5 percent for 2019 and estimated to be 5.8 percent in 2020.


    UN's publication on estimated trends in the global economy, informed the relatively strong expansion to "a robust recovery of domestic demand and easing balance-of-payments constraints."


    The economic situation in North Africa is enhancing to some extent with the GDP expansion strengthened by resilient domestic demand, according to the report.

    MENAFN1801202000450000ID1099568930

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