Egypt targeting economic growth of 5.4-5.6% in FY2021-22 – minister

Egypt is targeting economic growth of 5.4-5.6 percent in the financial year that ends in June next year, its finance minister told local press on Sunday.

Minister Mohamed Maait further said that he expected the economy grew 2.8 percent in the 2020/2021 financial year despite challenges placed by the COVID-19 pandemic.