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Egypt economy forecast to grow 5.1% in year to June, 5.5% in 2022/23

Business & Finance

Summary

CAIRO, Oct 21 (Reuters) - Egypt's economy will grow 5.1% in the fiscal year that ends in June 2022, but accelerate to 5.5% in each of the following two years as tourism continues to rebound and the effects of the coronavirus pandemic wane, a Reuters poll showed.

The central bank said last month economic growth surged to 7.7% in the final quarter of the last fiscal year, indicating growth of 3.3% for the entirety of 2020/21, up from a previous

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