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IMF Upgrades Growth Projections for Egypt to 3.5% from 2% This Year

15/10/2020

The IMF has upgrades its growth projections for Egypt’s 2020 to 3.5% from 2% forecast in June. It left its 2021 forecast for 2.8% growth unchanged but sees Egypt’s GDP rising to 5.6% by 2025. (IMF’s World Economic Outlook Release)

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