Cairo – Mubasher: Foreign investments are expected to contribute 2.5% of Egypt’s gross domestic product (GDP) in fiscal year 2019/2020, the country’s finance minister Mohamed Maait said in a statement on Thursday.
Foreign direct investment (FDI) increased by $7.4 billion, Maait revealed during Paris Europlace forum.
In addition, the Egyptian government has increased its investments in the health and education sectors by 47% and 70%, respectively, he added.
Source:
Mubasher