{"id":598792,"date":"2019-06-09T04:00:58","date_gmt":"2019-06-09T04:00:58","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/06\/09\/egypts-gdp-to-grow-5-5-over-the-coming-two-years-focuseconomics\/"},"modified":"2019-06-09T04:00:58","modified_gmt":"2019-06-09T04:00:58","slug":"egypts-gdp-to-grow-5-5-over-the-coming-two-years-focuseconomics","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/06\/09\/egypts-gdp-to-grow-5-5-over-the-coming-two-years-focuseconomics\/","title":{"rendered":"Egypt\u2019s GDP to grow 5.5% over the coming two years -FocusEconomics"},"content":{"rendered":"<p><b>Egypt\u2019s GDP will grow at a 5.5% clip in FY2019-2020 and FY2020-2021,<\/b> <a href=\"https:\/\/www.focus-economics.com\/countries\/egypt\">according to forecasts from FocusEconomics<\/a>. The company\u2019s latest outlook predicts that growth will be driven by an uptick in consumption and fixed investment over the coming two years. However, \u201cstill-fragile government finances, an uncertain global trading environment and internal security problems\u201d will continue to threaten the country\u2019s growth outlook.<\/p>\n<p><b>Looking back:<\/b> Higher government spending in 9MFY2018-2019 resulted in a pick-up in economic growth during the third quarter, the report noted. Higher fixed investments and public wages, combined with lower unemployment and inflation, should have also supported growth during the period, it added.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Egypt\u2019s GDP will grow at a 5.5% clip in FY2019-2020 and FY2020-2021, according to forecasts from FocusEconomics. The company\u2019s latest outlook predicts that growth will be driven by an uptick in consumption and fixed investment over the coming two years. However, \u201cstill-fragile government finances, an uncertain global trading environment and internal security problems\u201d will continue [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8572],"tags":[104,72,11270,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-598792","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-economy","tag-enterpriseam","tag-focuseconomics","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"53c2f972-fa68-42db-bf67-c167433fab52","is_powered_by":true,"section_story_id":"d2063c32-4183-4dd5-98dc-e95d8946b95f","story_type":"1","photo_url":"","photo_position":"above","related_issue":[598777],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Egypt\u2019s GDP to grow 5.5% over the coming two years -FocusEconomics - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2019\/06\/09\/egypts-gdp-to-grow-5-5-over-the-coming-two-years-focuseconomics\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Egypt\u2019s GDP to grow 5.5% over the coming two years -FocusEconomics\" \/>\n<meta property=\"og:description\" content=\"Egypt\u2019s GDP will grow at a 5.5% clip in FY2019-2020 and FY2020-2021, according to forecasts from FocusEconomics. The company\u2019s latest outlook predicts that growth will be driven by an uptick in consumption and fixed investment over the coming two years. However, \u201cstill-fragile government finances, an uncertain global trading environment and internal security problems\u201d will continue [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2019\/06\/09\/egypts-gdp-to-grow-5-5-over-the-coming-two-years-focuseconomics\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2019-06-09T04:00:58+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/06\/09\/egypts-gdp-to-grow-5-5-over-the-coming-two-years-focuseconomics\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/06\/09\/egypts-gdp-to-grow-5-5-over-the-coming-two-years-focuseconomics\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Egypt\u2019s GDP to grow 5.5% over the coming two years -FocusEconomics\",\"datePublished\":\"2019-06-09T04:00:58+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/06\/09\/egypts-gdp-to-grow-5-5-over-the-coming-two-years-focuseconomics\/\"},\"wordCount\":120,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"economy\",\"EnterpriseAM\",\"FocusEconomics\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/06\/09\/egypts-gdp-to-grow-5-5-over-the-coming-two-years-focuseconomics\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2019\/06\/09\/egypts-gdp-to-grow-5-5-over-the-coming-two-years-focuseconomics\/\",\"name\":\"Egypt\u2019s GDP to grow 5.5% over the coming two years -FocusEconomics - 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The research firm expects\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":599783,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/01\/10\/world-bank-sees-egypt-growth-accelerating-0-2-faster-this-year\/","url_meta":{"origin":598792,"position":1},"title":"World Bank sees Egypt growth accelerating 0.2% faster this year","author":"enterpriseam admin","date":"10 January 2019","format":false,"excerpt":"World Bank sees Egypt growth accelerating 0.2% faster this year: The World Bank sees Egypt\u2019s economic growth accelerating 0.2% faster in 2019 than originally anticipated in 2018, according to its Global Economic Prospects 2019: Darkening Skies report, which it released yesterday. Nonetheless, the World Bank maintained its forecast for Egypt\u2019s\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2019\/1\/2429.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":598824,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/06\/10\/maaits-speech-to-g20-meeting-of-finance-ministers-dominates-egypts-airwaves\/","url_meta":{"origin":598792,"position":2},"title":"Maait\u2019s speech to G20 meeting of finance ministers dominates Egypt\u2019s airwaves","author":"enterpriseam admin","date":"10 June 2019","format":false,"excerpt":"Finance Minister Mohamed Maait\u2019s speech at the G20 meeting of finance ministers in Japan caught the attention of the nation\u2019s talking heads last night. Maait highlighted economic and fiscal sector reforms during the speech, Al Hayah Al Youm\u2019s Lobna Assal reported (watch, runtime: 2:45). He provided the usual rundown of\u2026","rel":"","context":"In &quot;Enterprise+: Last Night\u2019s Talk Shows&quot;","block_context":{"text":"Enterprise+: Last Night\u2019s Talk Shows","link":"https:\/\/enterpriseam.com\/egypt\/category\/enterprise-last-nights-talk-shows\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":569315,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/02\/20\/egypts-gdp-growth-reached-5-6-in-1h2019-2020\/","url_meta":{"origin":598792,"position":3},"title":"Egypt's GDP growth reached 5.6% in 1H2019-2020","author":"enterpriseam admin","date":"20 February 2020","format":false,"excerpt":"Egypt's economy grew at a 5.6% clip in 1H2019-2020, Planning Minister Hala El Saidtold cabinet yesterday. Retail was the primary driver of growth during the first six months of the fiscal year, accounting for 14.7% of the period\u2019s economic expansion, followed by the industrial sector (12.6%) and agriculture (12%). 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The ratings agency said that Egypt\u2019s \u201crecent track record of fiscal and economic reforms, policy commitment to furthering the reform program and ready availability of fiscal and external financing in the face of the\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2020\/7\/224.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":576359,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/11\/22\/govt-revises-fy2020-21-gdp-forecast-upwards-to-3-8\/","url_meta":{"origin":598792,"position":5},"title":"Gov\u2019t revises FY2020\/21 GDP forecast upwards to 3.8%","author":"enterpriseam admin","date":"22 November 2020","format":false,"excerpt":"Gov\u2019t GDP forecast revised upwards:The government expects the economy to grow at a 3.5-3.8% clip in the current fiscal year, Deputy Planning Minister Ahmed Kamaly said on the sidelines of an energy conference yesterday. 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