in Short
Egypt : to target economic growth of up to 4.2% in 2023
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Egypt is aiming to achieve economic growth of around 4.1% to 4.2% this year, Minister of Planning and Economic Development Hala Elsaid said in an interview with Asharq Business on July 11th.
The minister expects the sale of the government’s stakes in the military-owned National Company for Producing and Bottling Water (Safi) and the fuel retailer Wataniya to be conducted within October or November.
This came after three out of seven investors were shortlisted to buy the stakes.