Egypt seeks 6% growth rate by 2020
Planning Minister Hala el Saeed
Cairo - Mena
Planning Minister Hala el Saeed said on Monday Egypt's 2017/2018 sustainable development plan targets a 5 percent growth rate to increase to 6 percent by 2020.
Speaking with economic editors on the planning and administrative reform system in Egypt, the minister said the plan aims at increasing investments by 16% by the end of 2018 and to 17.2% by 2020.
The minister's speech was read out on her behalf by her adviser for administrative reform Khaled Zakaria.
The plan targets upping exports, now estimated at 20.5 billion dollars, to 22.5 billion dollars by the end the current fiscal year and to more than 30 billion by 2020, she added.
As for the unemployment rate, she said the plan seeks to decrease the rate, now put up at 12.2%, to 11.5% by the end of the current fiscal year and to 9.7% by 2020.
Source: Mena
- Monday ,06 November GMT 08:46 2017 Investment minister confers with UNDP director on small enterprises
GMT 12:33 2018 Tuesday ,27 November
Egypt's imports of poultry, sugar drop over past 10 monthsGMT 13:14 2018 Monday ,12 November
Budget deficit rises to EGP 83.9 billion in 2 monthsGMT 11:39 2018 Thursday ,25 October
Egypt's Abdel Fattah El Sisi approves IOFS statuteGMT 12:14 2018 Thursday ,06 September
Arab socio-economic council holds meetingGMT 08:46 2017 Monday ,06 November
Investment minister confers with UNDP director on small enterprisesRussia tests new telemetry system during manned Soyuz MS-11 spacecraft’s launch
Moscow - TASS
The Astra-06 apparatus developed by specialists of Russian Space Systems (RSS) was used for the first time as additional telemetric equipment aboard the manned Soyuz MS-11 spacecraft launc...Read More
GMT 09:45 2021 Friday ,21 May
test
GMT 15:01 2017 Saturday ,29 April
Israeli plan for 15,000 more settlement homes in Jerusalem condemned
GMT 09:55 2019 Monday ,19 August
Live an excellent atmosphere in your career
GMT 09:02 2018 Tuesday ,04 December
Duda defends coal use at UN climate conferenceGMT 18:05 2011 Sunday ,03 July
Etihad Rail takes mega plunge
GMT 12:12 2017 Tuesday ,21 March
Penelope Cruz to play Donatella Versace in 'American Crime Story'
GMT 13:38 2018 Sunday ,14 January
Next appoints online interiors features editor
GMT 08:34 2017 Sunday ,31 December
Nepal bans solo climbers from Everest
GMT 07:52 2017 Sunday ,12 November
Singapore targets 0% new car registrationGMT 21:13 2013 Monday ,11 March
Bahrain set for 10th edition of annual Wheelathon
GMT 21:11 2017 Friday ,13 January
Jeddah summit to explore new trends in facilities management industriesGMT 09:59 2011 Sunday ,04 December
EU sanctions on Syrian media institutions contradict human rights, freedom of expression
GMT 16:22 2017 Wednesday ,11 October
National Guard staff director patronizes graduation ceremony
GMT 08:16 2017 Sunday ,22 October
EU raids automaker BMW
GMT 14:20 2017 Thursday ,16 March
Grand and ‘green’ Cambridge mosque highlights architectural
GMT 12:27 2018 Thursday ,13 December
Russia points to efforts to undermine agreements on Idlib zone
GMT 09:10 2018 Tuesday ,11 December
Spice Girl Mel B undergoes surgery to repair 'severed right hand'
GMT 18:15 2018 Friday ,16 November
Lebanese President Receives World Bank Delegation
GMT 11:41 2018 Monday ,12 November
Netanyahu ends his visit to Paris due to situation in Gaza
GMT 14:12 2018 Monday ,22 October
"Putin" Russia rejects notion of preemptive strike
GMT 06:58 2018 Wednesday ,17 October
Northern Irish writer Anna Burns wins Man Booker prize for 'Milkman'GMT 04:36 2013 Thursday ,21 March
Dubai unveils world\'s most expensive abaya at $16m
GMT 23:12 2018 Friday ,12 October
US-backed fighters brave sandstorm to battle terrorists in Syria
GMT 06:03 2014 Saturday ,17 May
British energy company compensates customers over mis-sellingGMT 05:45 2012 Friday ,13 July
Saudi women in \'breakthrough\' OlympicsGMT 16:23 2012 Monday ,13 August
Morissette announces N American tourGMT 00:26 2012 Friday ,09 November
Gyan double keeps Al Ain top
GMT 02:44 2015 Sunday ,24 May
Chinese company launches new zero energy consumption air conditioner in BrazilGMT 10:23 2012 Monday ,27 February
Bugs can help trap underground carbon dioxide
GMT 17:31 2017 Saturday ,22 April
Death toll of attack on Afghan base rises to 140 killed
GMT 05:02 2015 Friday ,28 August
More than 100 settlers storm al-Aqsa Mosque
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor