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Egypt targets EGP 6.3trln GDP in FY19/20

Egypt targets EGP 6.3trln GDP in FY19/20
Planning ministry released the figure in an infographic

Cairo – Mubasher: The Egyptian government is targeting a GDP of EGP 6.3 trillion ($366.56 billion) at current prices in the fiscal year 2019/2020.

The Minister of Planning, Follow-up, and Administrative Reform released the targeted GDP on Friday, in an infographic.

Earlier in April, Moody's Investors Service (Moody’s) changed Egypt’s long-term foreign and local currency issuer ratings to “B2” from “B3” with a stable outlook.