ﻣﻮﻗﻊ ﺻﺪﻱ اﻟﺒﻠﺪ

Supervisor
Elham AbolFateh
AR
Tuesday 22 August 2017

Egypt

Egypt's foreign cash reserves record $31.13 billion

Thursday 15/June/2017 - 08:00 PM
Sada El Balad
MENA
Egypt's cash reserves recorded $31.13 billion in May 2017، compared to 17.52 billion dollars in the same month in 2016، Planning Minister Hala el Saeed said.

Speaking at a press conference following a cabinet meeting on Thursday 1562017، Saeed said the economic growth rate increased by 4.3% during the period from July 2016 to March 2017، compared to 3.6% over the same period in the previous year.

She noted that today's meeting discussed also a national project aiming to serve Egypt's planning system.

The project will be established by the Planning Ministry and the Armed Forces' Survey Authority with the aim of ensuring a better state asset management.

The project will be finalized in February 2018، the minister added.

Edited by Ahmed Mohsen

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