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IN 2005/06 AND 2006/07, GDP GROWTH in Egypt averaged about 7 per cent.Manufacturing, construction, real estate and tourism were the main sectors driving growth. On the demand side, growth was mainly led by private investment and to a much lesser extent by private consumption and government spending. Sharp cuts in tax rates and customs duties helped to stimulate demand.
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Document Type: Review Article

Publication date: May 1, 2008

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