Egypt’s Minister of Planning Hala Al-Saeed said Thursday that a rise in investments in the country has contributed to a stronger growth rate. She stressed that all sectors of the economy have witnessed substantial rates of growth, including the mining, construction and agricultural sectors. “It is important that all economic sectors are supported by investments to help create jobs in different sectors and geographical areas to improve the lives of the less fortunate. She also said that the reason behind the country’s growth rate reaching as high as over 7 percent before the 2011 uprising was that there had been no social control. She also said that the new mechanism will represent a huge jump in building the growth rate on production rather than consumption.

Source: Egypt Independent December 03, 2017 09:11 UTC