{"id":320619,"date":"2021-01-20T09:56:06","date_gmt":"2021-01-20T09:56:06","guid":{"rendered":"https:\/\/egy-africa.com\/en\/?p=320619"},"modified":"2021-01-20T09:56:06","modified_gmt":"2021-01-20T09:56:06","slug":"egypt-among-top-10-fastest-growing-gdp-countries-by-2030-standard-chartered","status":"publish","type":"post","link":"https:\/\/egy-africa.com\/en\/2021\/01\/20\/egypt-among-top-10-fastest-growing-gdp-countries-by-2030-standard-chartered\/","title":{"rendered":"Egypt among top 10 fastest growing GDP countries by 2030 \u2013 Standard Chartered"},"content":{"rendered":"

The London-based financial institution, Standard Chartered, maintained its previous forecast for Egypt\u2019s economy to be one of the top 10 economies in the world by 2030 in terms of gross domestic product (GDP) growth.<\/p>\n

Egypt is the only country in the MENA region that is expected to rebound to its pre-COVID-19 economic growth rate of 5.5% in fiscal year 2021\/2022, according to Standard Chartered.<\/p>\n

Egypt\u2019s economy still maintains positive outlook amid the coronavirus (COVID-19) pandemic according to several international institutions, the Minister of Finance, Mohamed Maait commented on the global financial institution remarks<\/p>\n

The economy’s positive indicators reflect its resilience in the face of internal and external crises and its ability for fast recovery from the repercussions of the pandemic, Maait added in a statement on Wednesday.<\/p>\n

<\/div>\n

The North African nation is expected to jump to the seventh ranking globally by 2030 from the current 21st<\/sup>, according to Standard Chartered.<\/p>\n

In addition, the International Monetary Fund (IMF) raised its projection for the country\u2019s GDP growth rate to 2.8% from 2% in FY20\/21 and to 5.8% in FY21\/22.<\/p>\n

Moreover, Moody\u2019s also said that the most populous Arab nation would be the only country in Africa to keep its positive growth trend before and after the crisis, while Fitch Solutions expects the country to achieve a 3% growth rate in FY20\/21.<\/p>\n","protected":false},"excerpt":{"rendered":"

The London-based financial institution, Standard Chartered, maintained its previous forecast for Egypt\u2019s economy to be one of the top 10 economies in the world by 2030 in terms of gross domestic product (GDP) growth.<\/p>\n","protected":false},"author":4,"featured_media":320620,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[22,33],"tags":[187],"class_list":["post-320619","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-banking","category-main","tag-standard-chartered"],"yoast_head":"\nEgypt among top 10 fastest growing GDP countries by 2030 \u2013 Standard Chartered - egy-africa<\/title>\n<meta name=\"description\" content=\"The London-based financial institution, Standard Chartered, maintained its previous forecast for Egypt\u2019s economy to be one of the top 10 economies in the world by 2030 in terms of gross domestic product (GDP) growth.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/egy-africa.com\/en\/2021\/01\/20\/egypt-among-top-10-fastest-growing-gdp-countries-by-2030-standard-chartered\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Egypt among top 10 fastest growing GDP countries by 2030 \u2013 Standard Chartered - egy-africa\" \/>\n<meta property=\"og:description\" content=\"The London-based financial institution, Standard Chartered, maintained its previous forecast for Egypt\u2019s economy to be one of the top 10 economies in the world by 2030 in terms of gross domestic product (GDP) growth.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/egy-africa.com\/en\/2021\/01\/20\/egypt-among-top-10-fastest-growing-gdp-countries-by-2030-standard-chartered\/\" \/>\n<meta property=\"og:site_name\" content=\"egy-africa\" \/>\n<meta property=\"article:published_time\" content=\"2021-01-20T09:56:06+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/egy-africa.com\/en\/wp-content\/uploads\/2021\/01\/Standard-Chartered.jpg?fit=750%2C430&ssl=1\" \/>\n\t<meta property=\"og:image:width\" content=\"750\" \/>\n\t<meta property=\"og:image:height\" content=\"430\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Aya Abdulghany\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Aya Abdulghany\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/egy-africa.com\/en\/2021\/01\/20\/egypt-among-top-10-fastest-growing-gdp-countries-by-2030-standard-chartered\/\",\"url\":\"https:\/\/egy-africa.com\/en\/2021\/01\/20\/egypt-among-top-10-fastest-growing-gdp-countries-by-2030-standard-chartered\/\",\"name\":\"Egypt among top 10 fastest growing GDP countries by 2030 \u2013 Standard Chartered - 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