Egypt revises GDP growth from 5.6 to 5.1 for 2019-2020
Posted on April 1, 2020
Inflation is expected to rise to 9.8% due to coronavirus crisis Government plan to spend $139.2 million for coronavirus crisis has resulted in this fiscal strain Government has also injected over $700 million in liquidity to reduce interest rates and delaying bank loan installments and customs and tax payments to help soften the negative impact.