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Egypt Eyes 4.5% Growth in 2012-2013

Source: www.export-egypt.com  8/12/2012, Location: Africa

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Egypt seeks to achieve economic growth by 4.5 percent in 2012-2013, Minister of Planning and International Cooperation Ashraf el-Arabi said on 10/8/2012. Speaking during a press conference, Arabi said plans for economic development target pumping 276 billion pounds in investments, of which 55 per cent will be shouldered by the private sector. A major portion of investments will be funneled in the fields of human development, transport and sanitary drainage projects, the minister said.

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