Egypt expects growth of 2.8-4.0% in fiscal year 2021/22 - minister

Egypt had hoped for growth of 6.0-6.5% before the coronavirus crisis, Finance Minister Mohamed Maait said

  
A view of the city skyline and River Nile from Cairo tower building in the capital of Cairo, Egypt December 5, 2019.

A view of the city skyline and River Nile from Cairo tower building in the capital of Cairo, Egypt December 5, 2019.

REUTERS/Amr Abdallah Dalsh

CAIRO  - Egypt expects economic growth of between 2.8% and 4.0% in the fiscal year 2021/22, which starts next July, Finance Minister Mohamed Maait said in televised comments on Friday.

Egypt had hoped for growth of 6.0-6.5% before the coronavirus crisis, Maait told the DMC channel.

(Reporting by Hesham Abdul Khalek and Ehab Farouk; writing by Mahmoud Mourad; Editing by Kevin Liffey) ((mahmoud.mourad@thomsonreuters.com))

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