{"id":642974,"date":"2017-08-27T03:51:46","date_gmt":"2017-08-27T03:51:46","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/08\/27\/leaving-interest-rates-high-will-curb-gdp-growth-fei-food-industries-division\/"},"modified":"2017-08-27T03:51:46","modified_gmt":"2017-08-27T03:51:46","slug":"leaving-interest-rates-high-will-curb-gdp-growth-fei-food-industries-division","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/08\/27\/leaving-interest-rates-high-will-curb-gdp-growth-fei-food-industries-division\/","title":{"rendered":"Leaving interest rates high will curb GDP growth -FEI Food Industries Division"},"content":{"rendered":"<p>Leaving interest rates high will curb GDP growth as high borrowing costs force companies to cut outlays on CAPEX, Federation of Egyptian Industries\u2019 Food Industries Division member and Spinneys CEO Mohanad Adly tells <a href=\"http:\/\/gate.ahram.org.eg\/News\/1571162.aspx\">Ahram Gate<\/a>. Adly adds that current interest rate levels also put pressure on the state budget.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Leaving interest rates high will curb GDP growth as high borrowing costs force companies to cut outlays on CAPEX, Federation of Egyptian Industries\u2019 Food Industries Division member and Spinneys CEO Mohanad Adly tells Ahram Gate. 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