WB expects Egypt's growth rate to increase by 4.5%
Cairo - MENA
The World Bank (WB) expected Egypt's economy to achieve a growth rate of 4.5 percent in the 2017/2018 fiscal year.
In its Middle East and North Africa Economic Monitor report, the World Bank expected the growth rate to hit 5.3% in 2019, the same percentage expected by the International Monetary Fund in its World Economic Outlook report issued on Tuesday.
The bank further expected Egypt's inflation rate to slump to 23.3%, 22.1% and 14% in 2017, 2018 and 2019 respectively.
The WB report was issued on the sidelines of the meetings of the International Monetary Fund and the World Bank, which kicked off in Washington earlier on Tuesday and will end on Sunday.
Representing Egypt at the meetings are Governor of the Central Bank of Egypt Tareq Amer, Minister of Investment and International Cooperation Sahar Nasr and Finance Minister Amr el Garhy.
- Sunday ,09 December GMT 12:33 2018 Egypt's decision to adjust customs' duties on luxury goods to benefit economy
- Wednesday ,05 December GMT 21:03 2018 Bahrain's economic delegation concludes successful India visit
- Thursday ,29 November GMT 20:20 2018 Japan funds project to enhance water quality project in Palestinian town
- Wednesday ,28 November GMT 09:50 2018 Egypt, Saudi Arabia to strengthen economic ties in coming phase
GMT 19:07 2018 Friday ,14 December
Lebanese PM flags up Saudi investment potential, financial tiesGMT 21:16 2018 Thursday ,13 December
Egypt, Algeria sign MoU to increase trade exchangeGMT 12:33 2018 Sunday ,09 December
Egypt's decision to adjust customs' duties on luxury goods to benefit economyGMT 21:03 2018 Wednesday ,05 December
Bahrain's economic delegation concludes successful India visitGMT 10:58 2018 Sunday ,02 December
Egypt’s total public investments record EGP 72 bln in Q1GMT 14:23 2018 Friday ,30 November
Saudi Arabia pledges $50 million to UNRWAGMT 20:20 2018 Thursday ,29 November
Japan funds project to enhance water quality project in Palestinian townGMT 09:50 2018 Wednesday ,28 November
Egypt, Saudi Arabia to strengthen economic ties in coming phase
Economic conference on investment opportunities in Syria kicks off
Bucharest - SANA
With the participation of 120 representatives of Romanian companies, Chambers of Commerce and industry, An economic conference on “Reconstruction in Syria between the development of economic steadfastness and the opportunities ofRussia tests new telemetry system during manned Soyuz MS-11 spacecraft’s launch
Moscow - TASS
The Astra-06 apparatus developed by specialists of Russian Space Systems (RSS) was used for the first time as additional telemetric equipment aboard the manned Soyuz MS-11 spacecraft launched from the Baikonur CosmodromeLiverpool, Manchester City seek neighbours' help in title chase
London - DPA
Liverpool and Manchester City will be looking for a little help from their not-so-friendly neighbours this weekend. The Premier League front-runners face each other's local rivals when City host Everton and Liverpool take on Manchester United. Liverpool jumped above City at theBlue light in smartphones linked to blindness and some cancers
Spain - DPA
Ever since we have started to become chained to our smartphones and tablets, people have been saying that the waves coming off these devices must be bad for us. So often laughed off as conspiracy theorists, it now looks more and moreFestive Fashion by Dubai-based designer ASMARAÏA
Dubai - Arab Today
Dubai-based label ASMARAÏA just launched its pre-fall 2019 collection — and it’s all about cruelty-free, sustainable fashion with a festive edge. Checkmate The 15-piece collection features this checkered skirt-and-jacket ensemble that is giving us major “Clueless” vibes. Gold Rush ‘Tis the season to sparkle and this dazzling, floor-length gold skirt will do the trick. Take note of the chic black bow detail at the waist — it’s the ultimate party look. Feathered fashion The brand works with environmentally-friendly materials such as organic cotton, recycled polyester and faux fur, so you can be sure this feathered look doesn’t come at the cost of an animal’s life. Jewel Tones If you want to glisten like a polished jewel at your next festive function, this emerald-colored skirt is the perfect choice with its sequin details and shimmery overlay. Golden Girl Leopard print
GMT 05:36 2017 Tuesday ,08 August
Elephants, tigers kill one human a day in India
GMT 17:52 2018 Sunday ,25 November
Russian medical team provides services to citizen in Talbiseh town in Homs
GMT 05:43 2017 Saturday ,14 October
Gunman kills 3 in Kansas workplace, shot to death by police
GMT 08:23 2017 Friday ,10 March
why cassettes are still king for one Abu Dhabi shopkeeper
GMT 05:07 2017 Wednesday ,02 August
Saudi King receives UN chief
GMT 17:01 2017 Sunday ,07 May
Iraqi parliamentarian refuses foreign military role in Iraq
GMT 16:39 2017 Sunday ,17 September
U2, Sheeran cancel concerts in protest-hit St Louis
GMT 14:26 2018 Sunday ,09 December
Douglas at 102 'I am grateful for all I have been given'
GMT 16:00 2018 Friday ,12 October
Saudi Arabia opens high-speed railway to public between Makkah and Medina
GMT 01:37 2017 Monday ,06 February
Campaign focuses on getting US Muslims more active in politics
GMT 00:31 2016 Thursday ,14 April
DFSA and Society of Lloyd’s establish Framework for Co-operation
GMT 01:42 2018 Tuesday ,09 January
Barcelona to unveil 160m Coutinho
GMT 13:37 2018 Saturday ,06 January
Japanese foreign minister calls on COAS
GMT 14:09 2018 Wednesday ,03 January
Votel relays to Sarraf USA's keenness on military cooperation
GMT 14:41 2017 Friday ,10 March
National Guard modernisation, development highlighted
GMT 23:55 2017 Tuesday ,03 January
Israeli forces demolish Palestinian homes eastern Nablus
GMT 11:54 2017 Saturday ,30 December
HM King condoles with Egyptian president
GMT 11:25 2015 Thursday ,19 November
Boasts clean energy and bad car pollution
GMT 19:10 2016 Sunday ,15 May
Morocco to be Luxor African Film Festival's guest of honor
GMT 07:36 2017 Thursday ,21 December
Some forces want to destabilize Pakistan, halting development works: Ahsan
GMT 09:36 2017 Saturday ,01 July
At least 10 killed in strike on UN school in Gaza: Medics
GMT 14:50 2017 Thursday ,29 June
Egyptian government decided to increase fuel prices
GMT 21:22 2017 Monday ,11 September
Bahraini-Egyptian cooperation reviewed
GMT 12:51 2017 Sunday ,26 February
Why is there angst over Trump’s appointments?
GMT 01:56 2017 Sunday ,10 December
Temperatures around average, rain falls in most provinces
GMT 03:20 2017 Sunday ,23 April
Assad blames ex Al-Qaeda affiliate for bombing evacuees: Russian mediaGMT 20:24 2011 Tuesday ,19 April
Tipsy Irishman pays price for moving beehive
GMT 11:11 2017 Wednesday ,25 January
Jordan condemns Israeli settlement expansion
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor