Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    What's Hot

    SAUDI ARABIA UNVEILS TOP TOURISM LEADERS AND GLOBAL MINISTERS IN SPEAKER LINEUP FOR WORLD TOURISM DAY 2023

    September 23, 2023

    Grow with Huawei Cloud: Accelerating GTM and Sales with Empowered Benefits

    September 22, 2023

    Hisense Showcases Hero Mini-LED ULED Television, The U8, at ‘Portals to Beyond’ Event in South Africa

    September 22, 2023
    Facebook X (Twitter) Instagram
    Iran MirrorIran Mirror
    • Automotive
    • Business
    • Entertainment
    • Health
    • Lifestyle
    • Luxury
    • News
    • Sports
    • Technology
    • Travel
    Iran MirrorIran Mirror
    Home » Egyptian GDP grew 6.6 percent in FY 2021/22 – Prime Minister
    Business

    Egyptian GDP grew 6.6 percent in FY 2021/22 – Prime Minister

    August 29, 2022

    In the previous fiscal year 2021/2022, Egypt’s economy grew by 6.6 percent, compared to a growth rate of 3.3% in the year prior. This was revealed in a statement released by Prime Minister Moustafa Madbouli. As reported by the state news agency, the minister made the remarks during a press conference at the Cabinet’s headquarters in New Alamein City.

    Egyptian GDP grew 6.6 percent in FY 2021/22 - Prime MinisterDuring the last quarter of the previous fiscal year, the Russian-Ukrainian war and its impact on the country’s development rates made things really difficult, the premier explained, noting that Egypt’s projected growth rate for the end of the fiscal year had been estimated at 6.2 percent.

    He added that the country’s unemployment rate has stabilized at 7.2 percent, which he described as a positive sign given the current economic situation. He explained that the real challenge for the State is to deal with the global phenomenon of high inflation rates. He revealed that Egypt’s inflation rate has reached a staggering 14.6 percent at the moment.

    Share. Facebook Twitter Pinterest LinkedIn Telegram Reddit Email

    Related Posts

    From India to Brazil, leadership transition marks G20 Summit’s conclusion

    September 11, 2023

    African Union Inducted into G20 on India’s Initiative

    September 9, 2023

    Biden and Modi cement ties as India ascends global stage

    September 9, 2023

    Digital work revolution sees the world’s gig economy expand by 12 percent

    September 8, 2023

    ASEAN Summit in Jakarta sees PM Modi advocating India’s growing global impact

    September 7, 2023

    Goldman Sachs accused of bullying culture in £1 million lawsuit

    September 7, 2023
    Editor's Pick

    From India to Brazil, leadership transition marks G20 Summit’s conclusion

    September 11, 2023

    At the Bharat Mandapam in New Delhi, the curtains have come down on the 18th…

    African Union Inducted into G20 on India’s Initiative

    September 9, 2023

    Biden and Modi cement ties as India ascends global stage

    September 9, 2023

    UN calls for greater female representation in police forces worldwide

    September 8, 2023

    Digital work revolution sees the world’s gig economy expand by 12 percent

    September 8, 2023

    AI drives MENA Newswire’s entry into Saudi digital media

    September 8, 2023
    © 2023 Iran Mirror | All Rights Reserved
    • Home
    • Contact Us

    Type above and press Enter to search. Press Esc to cancel.