Infrastructure Tracker—Egypt

Analysis of Egypt’s Key Infrastructure Projects
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Published: 1 Dec 2017

The Egyptian economy has witnessed a significant GDP growth increasing from 2.1% in 2012/13 to 4.2% in 2014/15 due to improving political conditions and introduction of heavy energy subsidies for the development of energy intensive industries. According to the Ministry of Finance, the 2016-2017 budget estimates a total expenditure of $98.4 billion and revenue of $64.5 billion with a view to achieve an economic growth rate of $5.2% in 2016/17. The draft budget presents a total subsidy of $13.3 billion, of which over $4.7 billion will be allocated for a food and farmers.



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