Egypt eyes up to 5.8 percent growth in 3 years

Egypt is targeting economic growth between 4 and 5.8 percent within the next three years

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Egypt is targeting economic growth between 4 and 5.8 percent within the next three years while holding the budget deficit at 10 percent of economic output, Finance Minister Hany Kadry Dimian told Reuters on Wednesday.

"It is expected that growth will rise gradually to between 4-5.8 percent within the next three years," he said in a text message to Reuters.

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"Estimates point to the budget deficit staying at around 10 percent of gross domestic product in the next three years."

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