Egypt targets 4.1% YoY increase in agricultural production in FY2023/24

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Agricultural output represents about 11.3% of the gross domestic product (GDP) in FY 2023/2024

Staff Writeer, Arab Finance

November 16, 2023

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Egypt aims to increase agricultural production to about EGP 1.34 trillion during the current fiscal year (FY) 2023/2024, with an annual growth rate of 4.1%, Ministry of Planning and Economic Development stated on November 15th.

Agricultural output represents about 11.3% of the gross domestic product (GDP) in FY 2023/2024.

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