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FINANCIAL NEWS
Egypt exports to register 17.3 percent
20 Dec 2015
(MENAFN) The value of Egyptian non-petroleum exports totaled USD 16.76bn, recording a 17.3 percent decline compared to USD 20.27bn in the Jan-Nov period 2015.
Accordingly, the decline of exports “does not mean uselessness in the actions and decision made by the government over the past two months.
Moreover, the decision of the Central Bank of Egypt’s to pump up USD 4bn in the industry market as a means to enable cash flows and bank credits to make industrial raw materials available.
In addition, agricultural and leather goods’ exports saw a surge in Nov to USD 135mn and USD 18mn, while exports of chemicals fell to USD 247mn.
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