Foreign borrowing and direct investment helped drive Egypt's economy up 4.9 per cent year-on-year in the fourth quarter of its 2016-17 fiscal year, a Finance Ministry report showed on Wednesday.
It compared with a 2.3 per cent year-on-year rise in gross domestic product in the fourth quarter a year ago. The fiscal year runs until the end of June.
https://www.thenational.ae/business/economy/egypt-s-economic-growth-more-than-doubles-in-quarter-1.624377
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