IMF upgrades Egypt’s real GDP growth for 2022 to 5.6 percent

EGYPT – The International Monetary Fund (IMF) has upgraded Egypt’s real Gross Domestic Product (GDP) growth by 0.4 percent in 2022 to 5.6 percent, compared to the fund’s October 2021 projections. Egypt has managed to do well amid the  Covid-19 pandemic compared to other oil-importer countries according to Petya Koeva Brooks, the IMF’s deputy director of the research department. She…

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