#egypt private sector
Egypt’s unemployment rate has dropped to 5.6 percent as of December 2024, a significant decline from the 13 percent recorded a decade earlier in 2014, according to Prime Minister Mostafa Madbouly. “Since 2014, Egypt has implemented major reforms aimed at boosting the private sector, revising laws and procedures to attract investment, and improving the investment climate. A key result of these efforts has been the substantial reduction in unemployment, from 13 percent to 6.5 percent, with the latest figures showing…
