#ashraf al araby
Egypt’s economic growth in the first half of the 2015-2016 fiscal year amounted to 4.5 percent, representing a slowdown by one percent from last year’s 5.5 percent growth rate, planning minister Ashraf Al-Araby said, according to Reuters. Al-Araby added that the Egyptian government is aiming to reach a growth rate of under 4.5 percent in the second half of this fiscal year, with a total of 4.4 percent in 2016. The reason given for the lowered GDP growth forecast was…
