May 17, 2018 / 11:33 AM / 2 months ago

Egypt's GDP growth for Q3 of 2017/18 fiscal year at 5.4 pct

CAIRO, May 17 (Reuters) - Egypt’s GDP growth for the third quarter of the 2017/18 fiscal year rose to 5.4 percent from 4.3 in the same period last year, the country’s planning ministry said in a statement on Thursday.

Egypt’s fiscal year begins in July and ends in June.

Egypt’s economy has been struggling since a 2011 uprising drove foreign investors and tourists away, but the government hopes a $12 billion International Monetary Fund deal signed in November 2016 will help put the economy back on track. (Reporting by Ehab Farouk Writing by Amina Ismail Editing by Matthew Mpoke Bigg)

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