Egypt’s annual growth rate reaches 3.8% in 2022-2023 – ministry

By Nada Ali On Nov 7, 2023

Egypt’s real annual growth rate had reached 3.8 percent in 2022-2023 and the gross domestic product reached about 10.2 trillion Egyptian pounds, Ministry of Planning and Economic Development posted on Monday.

The government’s target for the next fiscal year 2023/2024 is set at 4.2 percent, Minister of Planning Hala El Saeed said during a cabinet meeting chaired by the Prime Minister Moustafa Madbouly on Thursday.

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