CAIRO – 9 May 2021: Standard & Poor's credit rating agency has kept the sovereign rating of the Egyptian economy at the level of B / B in the long-term and short-term, while maintaining a stable outlook. Below are six figures that indicate how the Egyptian economy will continue to improve in the coming period. 1 – The Egyptian economy recorded a growth rate of 3.6% during the fiscal year 2019/2020. 2 – The economy is expected to achieve a growth rate of 2.8% during the current fiscal year. 5 – The government aims to continue achieving a first surplus of 2% of GDP in the coming years.


Source:   Egypt Today
May 09, 2021 14:37 UTC