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In figures .. Know the evolution of value and decline in the rate of growth of imports over five consecutive years

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The Egyptian State is keen to limit the volume of imports of goods and services from abroad. It is planned that import growth rates will continue to decline continuously until the fiscal year 2020/2021, in accordance with the Medium Term Sustainable Development Plan (18/2019-20/2021).

In the following lines, we will review the value developments and real growth rate of imports of goods and services over five years, from 2017/2018 to 2021/2022. The real growth rate here is to exclude the effect of price increases:

17/2018 trillion and 302.5 billion pounds with a real growth rate of 10.6%

In 18/2019 amounted to trillion and 379.5 billion pounds with a real growth rate of minus 8.1%

The year 19/2020 is expected to reach TRY 448.5 billion with a real growth rate of minus 7.9%

20/2021 is expected to reach one trillion and 520 billion pounds with a real growth rate of minus 8.2%

The year 21/2022 is expected to reach one trillion and 591.3 billion pounds with a real growth rate of minus 9.4%

(tagsToTranslate) import (t) import (t) export (t) budget

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