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World Bank expects high economic growth in Egypt
Egypt, Economics, 1/11/2000
A report issued by the World Bank predicts rapid economic growth in Egypt in the current year. "In the light of continuing economic reforms that started in 1991 promoting privatization, Egypt will attract more foreign investments to its domestic market and therefore economic boom will result," the report stated.
It also monitored the economic performance of the Middle East and North African countries, forecasting economic progress there as well.
Previous Stories:
Deutsche Bank: Foreign investments in Egypt hit $1.5 billion by 2000
(1/4/2000)
A review of Egypt's economic activities in 1999 in different sectors
(12/28/1999)
$490 million from World Bank to Egypt
(12/11/1999)
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