Sunday, June 23, 2024
25.7 C
New Jersey

Egypt’s $63 Billion Revenue: A Decade of Success, How Was It Achieved?

Must read

Ziad Najjar
Ziad Najjar is an Egyptian author who studied business and finance in the United States and has a keen interest in media. He combines his expertise in these fields to create informative and engaging works accessible to a broad audience.

The Central Agency for Public Mobilization and Statistics reported that the value of net foreign direct investment over the past 10 years was about $63 billion.

The central agency added that the value of net foreign direct investment was about $8.9 billion in 2021/2022, up 71.4%.

While the value of foreign direct investment has fallen to a record $5.2 billion in 2020/2021, i.e. by 30%.

The value of foreign direct investment fell to a record $7.5 billion in 2019/2020, i.e. by 9.5%.

The value of foreign direct investment increased to around $8.2 billion in 2018/2019, up 6.7%.

The value of foreign direct investment decreased to about $7.7 billion in 2017/2018, i.e. by 2.7%.

The value of foreign direct investment increased to around US$7.9 billion in 2016/2017, an increase of 14.4%.

The value of foreign direct investment increased to around $6.9 billion in 2015/2016, an increase of 8.7%.

The value of foreign direct investment also increased, amounting to about US$6.4 billion in 2014/2015, with an increase of 52.7%.

The value of net foreign direct investment in 2013/2014 was about US$4.2 billion.

Egypt strives to increase its resources, make the most of them and achieve high economic growth to ensure a better life for all Egyptians, and this is confirmed by the figures of the Central Agency for Public Mobilization and Statistics by monitoring Egypt in numbers. over the past 10 years.

Source: RT

More articles

Leave a Reply

Latest article