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Egypt’s GDP is expected to grow by 3.0% in 2019/20.
14.06.20 | Interesting article at Zawya

The World Bank expects Egypt to have the fastest growing economy in the MENA region during 2020 as the remaining countries will contract due to the repercussions of the coronavirus (COVID-19) pandemic.




“Continued structural programs in many economies [such as Egypt’s private sector development] are expected to encourage growth-enhancing structural reforms,” according to the World Bank’s June 2020 Global Economic Prospects report.


“But success is contingent upon a sustained commitment to reforms, including by newly formed governments.”



 


Egypt’s gross domestic product (GDP) is expected to grow by 3.0% in fiscal year 2019/2020 and 2.1% in FY20/21.