International Cooperation Minister Naglaa el-Ahawani has said the economic growth rate is expected to increase to 3.5-4 percent in the 2014/2015 fiscal year.
The government is working on bringing down poverty levels, while providing more job opportunities and increasing growth rates, she added.
This came on the sideline of signing an agreement between the Arab Investment & Export Credit Guarantee Corporation and Bahrain's Alubaf Arab International Bank.
The minister asserted that the government adopts free market mechanisms to lure more investments to domestic market.