{"id":632345,"date":"2018-02-08T04:21:06","date_gmt":"2018-02-08T04:21:06","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/02\/08\/economic-growth-in-egypt-to-reach-5-5-in-2018-19-bloomberg-economics\/"},"modified":"2018-02-08T04:21:06","modified_gmt":"2018-02-08T04:21:06","slug":"economic-growth-in-egypt-to-reach-5-5-in-2018-19-bloomberg-economics","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/02\/08\/economic-growth-in-egypt-to-reach-5-5-in-2018-19-bloomberg-economics\/","title":{"rendered":"Economic growth in Egypt to reach 5.5% in 2018-19 -Bloomberg Economics"},"content":{"rendered":"

<\/a> Economic growth in Egypt is expected to accelerate to 5.5% in FY 2018-19, Bloomberg Economics\u2019 Chief Middle East Economist Ziad Daoud expects<\/strong>, according to CPI Financial<\/a>. He sees four tailwinds supporting growth in Egypt. First is declining inflation rates. Second are the lower interest rates expected, which \u201cshould boost growth through faster expansion in consumption and investment.\u201d Tourism is also set to recover, with more tourists arriving and staying for longer. The fourth tailwind is the increased natural gas production domestically. \u201cThe story of Egypt is positive in the short term. However, most of the factors behind the expected recovery are temporary, and as these fade or reach their limit, Egypt will need to find new drivers for growth,\u201d said Daoud.<\/p>\n","protected":false},"excerpt":{"rendered":"

Economic growth in Egypt is expected to accelerate to 5.5% in FY 2018-19, Bloomberg Economics\u2019 Chief Middle East Economist Ziad Daoud expects, according to CPI Financial. He sees four tailwinds supporting growth in Egypt. First is declining inflation rates. Second are the lower interest rates expected, which \u201cshould boost growth through faster expansion in consumption […]<\/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":[72,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-632345","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"8d57a921-be9b-428a-b9d2-3c8d3423c1a7","order":"0","is_powered_by":true,"section_story_id":"151d6a83-f210-41f3-91ce-87d21031861f","story_type":"1","photo_url":"","photo_position":"above","related_issue":[632335],"teaser":"","voice_url":""},"yoast_head":"\nEconomic growth in Egypt to reach 5.5% in 2018-19 -Bloomberg Economics - 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\/2018\/02\/08\/economic-growth-in-egypt-to-reach-5-5-in-2018-19-bloomberg-economics\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Economic growth in Egypt to reach 5.5% in 2018-19 -Bloomberg Economics\" \/>\n<meta property=\"og:description\" content=\"Economic growth in Egypt is expected to accelerate to 5.5% in FY 2018-19, Bloomberg Economics\u2019 Chief Middle East Economist Ziad Daoud expects, according to CPI Financial. He sees four tailwinds supporting growth in Egypt. First is declining inflation rates. 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The budget deficit declined during the first nine months of the fiscal year to 5.3%, compared to\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2020\/10\/276.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":594266,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/10\/24\/egypts-economic-growth-to-slow-slightly-to-5-5-in-fy2019-2020-poll\/","url_meta":{"origin":632345,"position":3},"title":"Egypt\u2019s economic growth to slow slightly to 5.5% in FY2019-2020 -poll","author":"enterpriseam admin","date":"24 October 2019","format":false,"excerpt":"Egypt\u2019s economic growth to slow slightly to 5.5% in FY2019-2020 -poll: Egypt\u2019s economic growth will slow to 5.5% in the current FY2019-2020 fiscal year, down from 5.6% last year and below the government\u2019s target of 6% growth in FY2019-2020 and overall target range of 6-7%, according to a Reuters poll\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2019\/10\/1741.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":574003,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/08\/26\/egypt-engineering-firm-daoud-group-to-acquire-mnhds-nasr-utilities\/","url_meta":{"origin":632345,"position":4},"title":"Egypt: Engineering firm Daoud Group to acquire MNHD\u2019s Nasr Utilities","author":"enterpriseam admin","date":"26 August 2020","format":false,"excerpt":"M&A WATCH- Engineering firm Daoud Group to acquire MNHD\u2019s Nasr Utilities: Mohammed Ahmed Daoud for Engineering and Industrial Investments (Daoud Group) is reportedly the company that has made an EGP 30 mn offer to acquire Madinet Nasr for Housing and Development (MNHD) subsidiary Nasr Utilities and Installations (NUI), according to\u2026","rel":"","context":"In "Speed Round"","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":570311,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/03\/26\/covid-19-could-cause-egypts-gdp-to-shrink-1-3-this-year-capital-economics\/","url_meta":{"origin":632345,"position":5},"title":"Covid-19 could cause Egypt\u2019s GDP to shrink 1.3% this year -Capital Economics","author":"enterpriseam admin","date":"26 March 2020","format":false,"excerpt":"Covid-19 could cause Egypt\u2019s GDP to shrink 1.3% this year, before bouncing back in 2021, says Capital Economics: Egypt could see its economy contract 1.3% in 2020 on the back of the covid-19 outbreak, said Jason Tuvey, senior EM economist at Capital Economics. 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