Egyptian economy to experience near-term growth: UN official
(World News Egypt)

During his interview with Al-Watan Newspaper, the UN official stated that the implementation of the recent economic reforms in Egypt will subsequently promote development, reduce poverty and unemployment rates, heralding the government`s agreement with the International Monetary Fund as `an inevitable long-term option` to set the economy on a recovery trajectory. Since the economic measures have led to noticeable commodities price hikes, the Egyptian government has simultaneously launched a series of social programs to alleviate it, he added. ......