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The World Bank expects that the gross domestic product will record 5% in 2018 and 5.5% in 2019 in a document consulted by Reuters. The inflation rate will reach 14% in 2019 At first, the World Bank in its report of the Economic Observatory for the Middle East and North Africa predict that Egypt will record a growth rate of 4.5% in 2018 and that this rate will rise to 5.3 % in 2019. But the institution upgraded its expectations and bet now that the economic growth will reach 5% in 2018 and 5,5% in 2019. But it’s not the only prediction. Indeed the World Bank predicted that the inflation rate will reach 14 % in 2019 and will decline to 12 % in 2020. For the Central Agency for Public Mobilization and Statistics (CAPMAS), the annual consumer price inflation slipped to 13.1 % in March 2018, compared to 32.5 % in the same month of 2017. The World Bank added that with the momentum of reforms in the Egyptian economy, economic activity is expected to improve and distortions will be greatly reduced, adding that flexibility of private consumption and private investment will be the incentive of growth, in addition to a gradual improvement in exports, “especially from the tourism and gas sectors”. Indeed the country bet a lot on Zohr gas field and will plan to invest “ $ 25 billion in 16 gas and oil projects in the Mediterranean “ according to Egyptian oil minister Tarek El Molla. Egypt had embarked on a bold economic reform program that included the introduction of taxes, such as the value-added tax (VAT) and cutting energy subsidies, all with the aim of narrow the budget deficit. As an example, the country aims to raise its revenues from Tobacco taxes by $402 million in the 2018-2019 draft budget. The country floated its currency in November 2016 before it clinched a $12 billion loan from the International Monetary Fund (IMF). Discover out our latest videos about the economic news in Egypt : Réagissez à cet article
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काठमाडौं, बैशाख १३ – बहुराष्ट्रिय निकायहरु विश्व बैंक र एसियाली विकास बैंककै प्रक्षेपणको निकट रहेर अन्तर्राष्ट्रिय मुद्रा कोष (आईएमफ)ले समेत नेपालको आर्थिक वृद्धिदरको प्रक्षेपण सार्वजनिक गरेको छ । आईएमएफका अनुसार सन् २०२२ मा नेपालको आर्थिक वृद्धिदर ४.१ प्रतिशत रहने छ । यसअघि विश्व बैंकले अघिल्लो साता ३.७ प्रतिशत आर्थिक वृद्धिदर कायम रहने प्रक्षेपण गरेको थियो । यस वर्ष सरकारले बजेटमार्फत ७ प्रतिशत हाराहारीको आर्थिक वृद्धिदर कायम गर्ने लक्ष्य लिएको छ । यद्दपी लक्ष्य अनुसार प्रगति भने प्राप्त नहुने सरकारले स्वीकार गरिसकेको छ । आइएमएफका अनुसार एसियाली भेगका विकाससिल मुलुकमा औसतः ५.४ प्रतिशतको आर्थिक वृद्धिदर कायम रहने छ । एसियाका विकसित मुलुकको भने २.७ प्रतिशत आर्थिक वृद्धिदर कायम रहने छ । पुरै एसियाको भने ४.९ प्रतिशत आर्थिक वृद्धिदर रहने छ । दक्षिण एसियाली भेगमा भारतले ८.२, बंगलादेशले ६.४, श्रीलंकाले २.६ प्रतिशतको आर्थिक वृद्धिदर प्राप्त गर्नेछ ।