Islamic Finance

Egypt targets growth rate of 5.4% in FY 2021/22: Planning Minister


Published 01 Jun,2021 via Daily News Egypt - Egypt’s Minister of Planning and Economic Development Hala El-Said has revealed that the investment plan for fiscal year (FY) 2021/22 targets a growth rate of 5.4%.

El-Said noted that the growth rate expectations come as the novel coronavirus (COVID-19) pandemic will be contained by mid-2021, as a result of the availability of vaccines against the virus.

The minister’s remarks came, on Monday, as she outlined the FY 2021/22 investment plan at a plenary session of the Senate.

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