GERMANY: Egyptian President Mohamed Mursi says he expects the economy of his country to grow 5.5 per cent in 2014

Record ID: 859861

  • Title: GERMANY: Egyptian President Mohamed Mursi says he expects the economy of his country to grow 5.5 per cent in 2014
  • Date: 30th January 2013
  • Summary: BERLIN, GERMANY (JANUARY 30, 2013) (REUTERS) VARIOUS OF EGYPTIAN PRESIDENT, MOHAMED MURSI STANDING WITH GERMAN ECONOMY MINISTER PHILIPP ROESLER AS HE ARRIVES AT ECONOMIC CONFERENCE CAMERAS MURSI AND ROESLER TOGETHER MURSI WALKING INTO CONFERENCE MURSI AND ROESLER TALKING TO EACH OTHER WIDE OF CONFERENCE AUDIENCE (SOUNDBITE) (Arabic) EGYPTIAN PRESIDENT, MOHAMED MURSI, SAYING: "(Our expectations predict that) in the coming two years there will be a growth of 5.5 percent and we expect seven to eight percent in the subsequent years. We want to achieve around 750,000 new jobs each year. We dream of a new Egypt, a country of stability, in which economic growth is possible and where we can make the most of Egypt's potential." AUDIENCE MURSI SHAKING HANDS WITH ROESLER AND LEAVING VARIOUS OF MURSI ATTENDING A MEETING OF THE GERMAN PARLIAMENT SUB-COMMITTEE ON FOREIGN AFFAIRS
  • Embargoed: 14th February 2013 12:00
  • Keywords:
  • Location: Germany
  • City:
  • Country: Germany
  • Topics: International Relations,Economy,Politics
  • Reuters ID: LVA2KRDO71UNJ3C98K2UC0Q3YRAD
  • Aspect Ratio:
  • Story Text: Egypt's President Mohamed Mursi said during a visit to Germany on Wednesday (January 30) that he hoped for economic growth of 5.5 percent next year and of between 7 and 8 percent in subsequent years.
    Mursi, whose one-day visit to Berlin is aimed partly at reassuring Western investors about economic prospects for his crisis-racked country, also said he saw around 750,000 new jobs being created in Egypt on an annual basis.
    "We dream of a new Egypt, a country of stability, in which economic growth is possible and where we can make the most of Egypt's potential," Mursi said.
    The World Bank recently forecast economic growth in Egypt of 2.6 percent this year and of 3.8 percent in 2014, rising to 4.7 percent in 2015.
    After giving the speech, Mursi went on to attend a meeting of parliamentarians in the foreign affairs sub-committee of the German lower house of parliament.
  • Copyright Holder: REUTERS
  • Copyright Notice: (c) Copyright Thomson Reuters 2013. Open For Restrictions - http://about.reuters.com/fulllegal.asp
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