Egypt eyes up to 5.8 pct growth, 10 pct budget gap in 3 years: finance minister | Reuters:
"Egypt is targeting economic growth of between 4 and 5.8 percent within the next three years while holding the budget deficit at 10 percent of economic output, Finance Minister Hany Kadry Dimian told Reuters on Wednesday.
"It is expected that growth will rise gradually to between 4-5.8 percent within the next three years," he said in a text message to Reuters.
That would be a marked acceleration from 2.1 percent in the fiscal year ending June 2013 and the rate above 3 percent targeted this fiscal year. New president Abdel Fattah al-Sisi has said growth should reach 7 percent by June 2018."
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