|
Trade balance deficit and imports down, exports up
Egypt, Economics, 3/12/2001
The latest 1999/2000 report on the evaluation of the Egyptian economic performance, issued by the Egyptian Cabinet Information and Decision Support Center (IDSC) highlighted the remarkable growth of foreign trade over the first ten months of the year 2000.
The recent statistics showed that trade balance deficit has decreased from L.E. 36 billion in 1999 to L.E. 26 billion in 2000. Exports have amounted to some L.E. 4 billion in 2000, scoring an increase of 41% while imports fell to some L.E. 5.7, or 13%, resulting in the said decrease in trade balance deficit by 28%.
Previous Stories:
Exporting way-out for Egypt's economic problems
(3/10/2001)
Nile Basin states discuss joint water projects
(3/8/2001)
A satellite for development in Egypt and the Arab homeland
(3/7/2001)
Please add a link on your webiste pointing to ArabicNews.com and bookmark ArabicNews.com & subscribe to our daily email news bulletin.
|
Advertise on ArabicNews.com. MyFlowers.com sold more than $2700 of flowers in one month advertising on ArabicNews.com! Make your company, and products a success. Special rate for new and small business. Inquire!Advertising Info
|
