Egypt’s economy grew about 5.3 percent year-on-year in first quarter of fiscal 2018-19 – planning minister

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CAIRO (Reuters) – Egypt’s economy expanded about 5.3 percent in the first quarter of the 2018/2019 fiscal year that began in July compared with the same quarter last year, Planning Minister Hala al-Saeed said on Wednesday.

She said in a statement that the highest growth was expected to come from the gas, communications and construction sectors and from the Suez Canal.

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