Egypt's economic reforms begin to take effect

January 2007
Market: Africa/Mid-East;Jan/Feb2007, Vol. 12 Issue 1, p1
The article discusses the economic progress of Egypt, brought about by the confidence of the international investment community to the country's economic reforms. The reforms include large scale privatization and enhanced openness to foreign business. It has been reported that the GDP for the first quarter of fiscal year 2006/2007 increased by 7.1%. A chart is presented showing the trend in Egypt's per capita income.


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