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| 13 September, 2017

Egypt's GDP grows 4.2% in FY 2016-2017- official

A view shows Nile City Towers and banks buildings in Cairo, Egypt May 25, 2017.

A view shows Nile City Towers and banks buildings in Cairo, Egypt May 25, 2017.

REUTERS/Mohamed Abd El Ghany
CAIRO- Egypt's gross domestic product grew by 4.2 percent in the 2016-2017 fiscal year that ended in June, the planning minister said on Wednesday.

GDP growth for the fourth quarter of 2016-2017 stood at 5 percent compared with 4 percent in the same period the previous year, Planning Minister Hala al-Saeed said.

(Writing by Arwa Gaballa; Editing by Catherine Evans) ((arwa.gaballa@thomsonreuters.com; +20 2 2578 3290;))