Kuwait expects Egypt's economy to grow four percent in the next fiscal year.

alborsaanews.com

Kuwait expects Egypt's economy to grow four percent in the next fiscal year.

The appointment of a technocratic prime minister in the upcoming agricultural reforms may be a good starting point. Kuwait National Bank researchers predicted that Egypt's economic growth would start to recover in the next fiscal year at between 3.5 and 4 percent. But they pointed out that the depreciation of the local currency is contributing to the continued rise in inflation and pressures on households and companies to spend. He added that [.…