Egypt to cut deficit to 3.5% of its GDP in 2015

24 May 2010

Egypt's finance minister has said the country aims to cut its budget deficit to 3.5% of its gross domestic product in 2015 and raise the growth rate by that time to 8.5%, Reuters has reported. Youssef Boutros-Ghali said the target was for growth of 7.55% in 2013, 8.1% in 2014 and 8.5% in 2015.

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