Egyptian government seeks 7% average annual growth in 15 years – Minister

Egyptian government is planning to record an average annual economic growth rate of seven percent in the next 15 years, planning minister said during an investment summit Monday.

Minister Ashraf Al-Araby added that the country has managed to record a growth rate of 4 percent in the fiscal year 2014/15, amidst plans to register more than 5 percent by the end of the current fiscal year 2015-16.