{"id":646373,"date":"2017-06-13T04:08:35","date_gmt":"2017-06-13T04:08:35","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/06\/13\/world-bank-says-egypts-economy-will-grow-at-a-5-3-clip-by-2019\/"},"modified":"2017-06-13T04:08:35","modified_gmt":"2017-06-13T04:08:35","slug":"world-bank-says-egypts-economy-will-grow-at-a-5-3-clip-by-2019","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/06\/13\/world-bank-says-egypts-economy-will-grow-at-a-5-3-clip-by-2019\/","title":{"rendered":"World Bank says Egypt\u2019s economy will grow at a 5.3% clip by 2019"},"content":{"rendered":"

<\/a> Good news from the World Bank, which is projecting that Egypt\u2019s GDP will grow at a <\/strong>5.3% clip in 2019.<\/strong> The institution made the forecast in its monthly Global Economic Prospects report for June (pdf)<\/a>. The bank estimated Egypt's GDP would grow 3.9% in FY2016-17, in line with government projections. The bank sees the growth rate rising to 4.6% in the following year and 5.3% by FY2018-19. This would it back to pre-2011 levels. \u201cEgypt\u2019s growth is expected to remain near 4 percent in fiscal year 2017 and strengthen in the two years thereafter, supported by the gradual implementation of business climate reforms and improved competitiveness, although high inflation weighs on near-term activity,\u201d the report said.<\/p>\n","protected":false},"excerpt":{"rendered":"

Good news from the World Bank, which is projecting that Egypt\u2019s GDP will grow at a 5.3% clip in 2019. The institution made the forecast in its monthly Global Economic Prospects report for June (pdf). The bank estimated Egypt's GDP would grow 3.9% in FY2016-17, in line with government projections. The bank sees the growth […]<\/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-646373","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"b032eb33-df4e-4a7c-91db-b6c83c1a5382","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[646367],"teaser":"","voice_url":""},"yoast_head":"\nWorld Bank says Egypt\u2019s economy will grow at a 5.3% clip by 2019 - 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\/2017\/06\/13\/world-bank-says-egypts-economy-will-grow-at-a-5-3-clip-by-2019\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"World Bank says Egypt\u2019s economy will grow at a 5.3% clip by 2019\" \/>\n<meta property=\"og:description\" content=\"Good news from the World Bank, which is projecting that Egypt\u2019s GDP will grow at a 5.3% clip in 2019. The institution made the forecast in its monthly Global Economic Prospects report for June (pdf). The bank estimated Egypt's GDP would grow 3.9% in FY2016-17, in line with government projections. The bank sees the growth […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/06\/13\/world-bank-says-egypts-economy-will-grow-at-a-5-3-clip-by-2019\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-06-13T04:08:35+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\/2017\/06\/13\/world-bank-says-egypts-economy-will-grow-at-a-5-3-clip-by-2019\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/06\/13\/world-bank-says-egypts-economy-will-grow-at-a-5-3-clip-by-2019\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"World Bank says Egypt\u2019s economy will grow at a 5.3% clip by 2019\",\"datePublished\":\"2017-06-13T04:08:35+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/06\/13\/world-bank-says-egypts-economy-will-grow-at-a-5-3-clip-by-2019\/\"},\"wordCount\":126,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/06\/13\/world-bank-says-egypts-economy-will-grow-at-a-5-3-clip-by-2019\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/06\/13\/world-bank-says-egypts-economy-will-grow-at-a-5-3-clip-by-2019\/\",\"name\":\"World Bank says Egypt\u2019s economy will grow at a 5.3% clip by 2019 - 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While the weighted average GDP growth rate for the MENA region is expected to come in at 1.9% in FY2018-19 and 2.8% in FY19-20, Fitch says it sees Egypt\u2019s GDP\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":575452,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/10\/15\/egypts-economy-to-grow-at-a-3-5-clip-in-fy2020-2021-deutsche-bank\/","url_meta":{"origin":646373,"position":1},"title":"Egypt\u2019s economy to grow at a 3.5% clip in FY2020-2021 -Deutsche Bank","author":"enterpriseam admin","date":"15 October 2020","format":false,"excerpt":"Egypt\u2019s economy could grow at a 3.5% clip this fiscal year, supported by government spending, an expansion in the ICT and energy sectors, and growth in net exports, Deutsche Bank said in a report cited by the local press. Meanwhile, construction and non-oil industries are getting the support they need\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\/165.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":594406,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/10\/29\/egypts-gdp-grows-to-5-6-in-1q2019-2020\/","url_meta":{"origin":646373,"position":2},"title":"Egypt\u2019s GDP grows to 5.6% in 1Q2019-2020","author":"enterpriseam admin","date":"29 October 2019","format":false,"excerpt":"Speaking of growth, Egypt\u2019s GDP grew at a 5.6% clip in 1Q2019-2020, up from 5.3% during the same quarter last fiscal year, Planning Minister Hala El Said told Sky News Arabia (watch, runtime: 01:37). El Said did not provide any further economic indicators for the quarter. The government is targeting\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":599783,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/01\/10\/world-bank-sees-egypt-growth-accelerating-0-2-faster-this-year\/","url_meta":{"origin":646373,"position":3},"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 "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\/1\/2429.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":592682,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/11\/04\/world-bank-sees-egypts-gdp-growth-outpacing-mena-average-this-year\/","url_meta":{"origin":646373,"position":4},"title":"World Bank sees Egypt\u2019s GDP growth outpacing MENA average this year","author":"enterpriseam admin","date":"4 November 2019","format":false,"excerpt":"The World Bank sees Egypt\u2019s economy growing 5.5% this year, outpacing the MENA average of 1.5%, according to the World Bank\u2019s annual report (pdf). The report singles out Egypt\u2019s \u201cstrong reforms on the fiscal and energy fronts\u201d as a key driver of higher growth than its regional peers. Egypt\u2019s GDP\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\/11\/2426.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":627653,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/06\/07\/egyptian-economy-to-grow-5-3-in-2018-world-bank-says\/","url_meta":{"origin":646373,"position":5},"title":"Egyptian economy to grow 5.3% in 2018, World Bank says","author":"enterpriseam admin","date":"7 June 2018","format":false,"excerpt":"The World Bank sees Egypt\u2019s economy growing a brisk 5.3% during 2018, according to its Global Economic Prospects report (pdf). 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