Egypt Q2 2016-17 growth slows to 3.8 pct -state news agency
CAIRO, March 19 (Reuters) - Egyptian Planning Minister Hala al-Saeed said on Sunday the growth rate for the second quarter of the 2016-17 fiscal year had slowed to 3.8 percent from 4 percent during the same period last year, state news agency MENA reported.
Egypt's budget deficit during the first half of the 2016-17 fiscal year, which ends in June 2017, was 5.4 percent of gross domestic product, down from 6.4 percent in the same period last year, Saeed told a news conference. (Reporting by Ahmed Aboulenein; Editing by Dominic Evans)
© Thomson Reuters 2017 All rights reserved