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Egypt sees primary surplus of 1.5% of GDP in FY 2021-22

Egypt sees primary surplus of 1.5% of GDP in FY 2021-22
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Updated 13 October 2021
Reuters

Egypt sees primary surplus of 1.5% of GDP in FY 2021-22

Egypt sees primary surplus of 1.5% of GDP in FY 2021-22
Updated 13 October 2021
Reuters

DUBAI: Egypt is targeting a primary surplus of 1.5 percent of its gross domestic product and a budget deficit of 6.7 percent of GDP in the 2021-22 financial year, the Cabinet said in a statement on Wednesday citing the finance minister.

The country’s financial year runs from July to June. 

Topics: Egypt economy GDP

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