31 Mar 2016
(MENAFN) Egypt’s government confirmed a state budget for 2016-17, targeting economic increase of 5-6 percent against 4.4 percent in 2015-16.
However, the country faced a lack of dollars since an uprising in 2011 which moved away tourists and foreign investors, two big sources of hard currency.
The whole gross domestic product for the country reached USD 372bn in 2016-17 and the government would need to attract USD 59.5bn in investments.
Accordingly, the deficit predicted to reach 9.9 percent, while the deficit had increased to 11.5 percent this current year.
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BBK discloses its financial results for the half year ended 30th June 2025
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BBK proudly launches the third edition of “Grow” and welcomes 20 Bahraini graduates
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BBK hosts executive leadership session on digital assets in collaboration with Rain
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BBK launches the largest-ever Al Hayrat Prizes, offering BD 5 million to over 2,000 winners
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BBK and CrediMax Offer Exclusive 20% Discount on Turkish Airlines Flights for Cardholders
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