Mursi says sees Egypt economy growing 5.5 pct in 2014

Wednesday, January 30, 2013 5:56 PM 
German Chancellor Angela Merkel and Egyptian President Mohamed Mursi address the media after talks in Berlin January 30, 2013. REUTERS/Tobias Schwarz

BERLIN, Jan 30 (Reuters) - Egypt's President Mohamed Mursi said during a visit to Germany on Wednesday that he hoped for economic growth of 5.5 percent next year and of between 7 and 8 percent in subsequent years.

Mursi, whose one-day visit to Berlin is aimed partly at reassuring Western investors about economic prospects for his crisis-racked country, also said he saw around 750,000 new jobs being created in Egypt on an annual basis.

The World Bank recently forecast economic growth in Egypt of 2.6 percent this year and of 3.8 percent in 2014, rising to 4.7 percent in 2015.

This content is from : Reuters
Aswat Masriya is a free website. Everyone is encouraged to use the content produced by Aswat Masriya journalists, as long as the website is credited and a link back to the website is included. Content from our content partners or Reuters cannot be republished without permission

Leave a comment

IMPORTANT: Aswat Masriya is not responsible for the content of any comment.

About Us | Contact Us | Terms Of Use All rights reserved 2014 Aswat Masriya ©