{"id":199300,"date":"2020-10-19T23:00:35","date_gmt":"2020-10-19T21:00:35","guid":{"rendered":"http:\/\/almowatna.news\/?p=199300"},"modified":"2020-10-19T23:00:35","modified_gmt":"2020-10-19T21:00:35","slug":"egypt-record-growth-rate-3-5-2021","status":"publish","type":"post","link":"http:\/\/almowatna.news\/?p=199300","title":{"rendered":"Egypt to record growth rate of 3.5% during 20\/21"},"content":{"rendered":"<p>Egypt is expected to achieve a real growth domestic product (GDP) of 3.5 percent during 2020\/2021, the World Bank stated in a report Monday.<\/p>\n<p>It also anticipated the Egyptian economy to hit a growth rate of 5.8 percent in 2022\/2023, which matches the International Monetary Fund (IMF). <\/p>\n<p>This came in a report, titled: &#8220;Trading Together: Reviving Middle East and North Africa Regional Integration in the Post-COVID-19 Era.\u201d The report gives a comprehensive picture of MENA\u2019s economic situation six months into the COVID-19 pandemic.<\/p>\n<p>\u201cEgypt is the only country in the Middle East and North Africa to witness positive real GDP growth in 2020\/2021,\u201d the reported added.<\/p>\n<p>The report included the measures taken by the Egyptian government in cooperation with the World Bank to mitigate the economic fallout of the ongoing COVID-19 pandemic.<\/p>\n<p>It referred to the initiative to offer a LE 3 billion insurance credit for the Central Bank of Egypt (CBE) to provide low-interest loans to support the tourism industry.<\/p>\n<p>The bank also applauded Egypt&#8217;s successful infiltration into the global market by raising $5 billion in May in its largest-ever issuance in international bond markets.<\/p>\n<p>Egypt Today<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Egypt is expected to achieve a real growth domestic product (GDP) of 3.5 percent during 2020\/2021, the World Bank stated in a report Monday. It also anticipated the Egyptian economy to hit a growth rate of 5.8 percent in 2022\/2023, which matches the International Monetary Fund (IMF). This came in a report, titled: &#8220;Trading Together: [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":199302,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7863],"tags":[12862,56107,2484,8037],"class_list":["post-199300","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-english-section","tag-cbe","tag-covid-19","tag-egypt","tag-gdp"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Egypt to record growth rate of 3.5% during 20\/21 | \u0627\u0644\u0645\u0648\u0627\u0637\u0646\u0629 \u0646\u064a\u0648\u0632<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"http:\/\/almowatna.news\/?p=199300\" \/>\n<meta property=\"og:locale\" content=\"ar_AR\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Egypt to record growth rate of 3.5% during 20\/21 | \u0627\u0644\u0645\u0648\u0627\u0637\u0646\u0629 \u0646\u064a\u0648\u0632\" \/>\n<meta property=\"og:description\" content=\"Egypt is expected to achieve a real growth domestic product (GDP) of 3.5 percent during 2020\/2021, the World Bank stated in a report Monday. It also anticipated the Egyptian economy to hit a growth rate of 5.8 percent in 2022\/2023, which matches the International Monetary Fund (IMF). This came in a report, titled: &#8220;Trading Together: [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"http:\/\/almowatna.news\/?p=199300\" \/>\n<meta property=\"og:site_name\" content=\"\u0627\u0644\u0645\u0648\u0627\u0637\u0646\u0629 \u0646\u064a\u0648\u0632\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/Elmowatnanews-%d8%a7%d9%84%d9%85%d9%88%d8%a7%d8%b7%d9%86%d8%a9-%d9%86%d9%8a%d9%88%d8%b2-654086708064692\/\" \/>\n<meta property=\"article:published_time\" content=\"2020-10-19T21:00:35+00:00\" \/>\n<meta property=\"og:image\" content=\"http:\/\/almowatna.news\/wp-content\/uploads\/2020\/10\/53485.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"628\" \/>\n\t<meta property=\"og:image:height\" content=\"378\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Fouad Robert\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" 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