Your feedback is important to us!
We invite all our readers to share with us their views and comments about this article.
Disclaimer: Comments submitted by third parties on this site are the sole responsibility of the individual(s) whose content is submitted. The Daily Star accepts no responsibility for the content of comment(s), including, without limitation, any error, omission or inaccuracy therein. Please note that your email address will NOT appear on the site.
Alert: If you are facing problems with posting comments, please note that you must verify your email with Disqus prior to posting a comment. follow this link to make sure your account meets the requirements. (http://bit.ly/vDisqus)
Egypt has turned more than half of initial agreements signed at a March investor conference into investment projects, the planning minister said, as Cairo tries to regenerate an economy battered by years of turmoil.Egypt sees unemployment falling to below 12 percent in the financial year 2015-16, and less than 10 percent by 2019, Arabi said Saturday. It stood at 13.3 percent in the financial year 2014-15 before falling to 12.8 percent in March.It is projected to bring in $5.4 billion in the financial year 2014-15 and $5.5 billion in 2015-16, Arabi said.Arabi predicted less than 3 percent growth in the fourth quarter of the 2014-15 financial year which ended in June, and 4.2 percent growth for the entire year.
FOLLOW THIS ARTICLE