Egypt's economy soars 8.3% in Q2, full fiscal year GDP seen above 6% -PM

Egypt’s economy soars 8.3% in Q2, full fiscal year GDP seen above 6% -PM

February 16, 2022

Help pours in for Egypt’s stuttering economy

Help is pouring in for the beleaguered Egyptian economy with two rich Gulf countries offering a cash bail out in excess of seven billion dollars

Egypt's economy grew 8.3% in the second quarter of the fiscal year and 9% in the first half, Prime Minister Mostafa Madbouly told a news conference in Cairo on Wednesday. Gross domestic product growth should exceed 6% for the whole fiscal year that ends June 30, he said as the third largest econo

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