July 17, 2019 / 10:24 AM / 3 months ago

Egypt's GDP growth at 5.6%, deficit at 8.2% for 2018/19 fiscal year

CAIRO, July 17 (Reuters) - Egypt’s gross domestic product grew by 5.6% in the 2018/19 fiscal year, and its budget deficit stood at 8.2%, the prime minister said on Wednesday.

Egypt’s primary surplus stood at 2% for the fiscal year, according to a statement from Prime Minister Mustafa Madbouli. The fiscal year runs from July to June. (Reporting by Momen Saeed Atallah Writing by Aidan Lewis)

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