Egypt’s Umployment Rate May Exceed 13% by 2015; Says IMF Chief

By Salma Ayman On May 12, 2014

The Managing Director of International Monetary Fund (IMF) Christine Lagarde said the Egyptian economy rose by 4.1% and it is expected that it will shrink to 2.3% by 2015, in addition the unemployment rate inched by 13% and it may keep up within the ongoing year and till 2015.

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