The Egyptian economy has suffered last year from the repercussions of unfavorable worldwide conditions. However, the economy managed to meet these challenges and to maintain its momentum with a real GDP growth rate exceeding 7 %, for the second year consequentl, and real private consumption growth rate of 3.7%

 In the past three years, Egypt has witnessed several important developments in all economic, social and political fields that enabled the economy to surpass the recession phase and to enter its take-off stage. Despite these developments, serious work is still needed in order to confront major challenges facing our national economy.

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