Saturday 12 July 2014

Egypt's GDP grows 5.2pc in Q1

Cairo, May 21, 2012

Egypt's gross domestic product (GDP) grew by an annualised 5.2 per cent in the first quarter of calendar 2012 compared to a 4.3 per cent contraction in the same three months a year earlier, Planning Minister Faiza Abu el-Naga said on Monday.     

The popular uprising that ousted Hosni Mubarak from the presidency in February 2011 hammered Egypt's economy last year, closing banks, the stock exchange and many factories. – Reuters

Tags: Egypt | Cairo | Gross Domestic Product |

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