Cairo –  Egypt’s gross domestic product (GDP) is forecast to grow by 6% by fiscal year 2021 from 5.3% in fiscal year 2018, according to a report released by the World Bank on Tuesday.

Growth between 2019 and 2021 is seen to be “driven by enhanced domestic demand and exports growth,” the report added.

The most populous Arab nation’s GDP rose to 5.6% in the first quarter of 2019, registering the world's third highest economic growth rate following China and India.

Source: Mubasher

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