Egypt Headed for Strongest Growth Since Uprising, Minister Says
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Egypt’s economy expanded by at least 4.5 percent in the first six months of the fiscal year, a rate approaching levels last recorded before the country’s 2011 uprising, according to a government minister.
In a phone interview in Cairo, Minister of Planning Ashraf El-Arabi said the rebound was in part due to a sharp slowdown the previous year. In 2013, the army removed an Islamist president and began a security crackdown on his followers, deterring investment and tourists.