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Egypt’s Economy Records 9% Growth in H1

Prime Minister “Mostafa Madbouly” revealed that Egypt’s economy grew about 9% in H1 of the current fiscal year (FY 2021/2022).

Madbouly added, “our expectations for Q3 & Q4 exceed 6%, which would be among the highest growth rates in the world.”

Egypt recorded a growth rate of 8.3% in Q2 of FY 2021/2022, which shows the extent of the Egyptian economy’s recovery.