United Arab Emirates

Harvard: Egypt’s economy to grow by 6.8 percent until 2027

Egypt’s Prime Minister Mostafa Madbouly examined a report from the Harvard Institute for International Development which anticipates that the Egyptian economy will grow by an average of 6.8 percent per year until 2027, as one of the fastest growing economies worldwide. The report stated that these growth projections are based on the Economic Complexity measure, which captures the diversity and sophistication of the productive capabilities embedded within the exports of each country. What unites Egypt, China and Vietnam as some of the fastest-growing countries in the projection isn’t because they share a similar education level, geographic region, religion, or any measure of institutional quality, but because each c ...