Standard & Poor’s Projections for the Egyptian Economy

Updated 5/3/2023 9:38:00 AM
Standard & Poor’s Projections for the Egyptian Economy

S&P Global Ratings expected Egypt's economic growth to hit 4% over the next three years. 

The top growing economic sectors include real estate and construction, energy, information technology, wholesale and retail, transformative industries, agriculture and health. 

The agency added that Egypt requires high external financing of around $17 billion during the current FY and $20 billion in the upcoming one. 

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Egypt

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