EGP 149 billion Investments Implemented by Private Sector in 9 MonthsSource: www.export-egypt.com 8/1/2015, Location: Africa |
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Minister of Planning Ashraf el Arabi said that the volume of total investments implemented by the private sector during the first nine months of the financial year 2014-2015 reached EGP 149 billion compared to nearly EGP 120 billion in the corresponding period of the previous year.
During a press conference on 01/08/2015, Arabi said the volume of projects implemented by the private sector reached 63% during the first nine months of the past financial year against 15.7% for the governmental sector. He added that the total inflation rate reached 10.6% during the same period. The Minister explained that the unemployment volume has declined to reach 12.8% in March 2015 from 13.4% in March 2014. |
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