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Egypt eyes 7% economic growth in coming years – El-Sisi

Egypt eyes 7% economic growth in coming years – El-Sisi
Egypt’s foreign reserves rose to $44 billion from $15 billion

Cairo – Mubasher: President Abd El-Fattah El-Sisi said that the Egyptian government aims to raise the nation's economic growth to 7%  in the coming years.

The Arab world's most populous country also started implementing reform programme in a bid to improve the economic situation and achieve robust improvement by carrying out megaprojects, El-Sisi added.

The president further indicated that Egypt’s foreign reserves rose to $44 billion from $15 billion, while growth domestic product (GDP) increased to 5.4%, from 2%.

The Egyptian government aims to boost GPD to 5.8% in fiscal year 2018/2019.