Middle East Economic Survey

VOL. XLVIII

No 45

7-November-2005

EGYPT

Egypt Needs 700,000 New Job Opportunities Annually

Egyptian Minister of Investment Mahmud Muhyi al-Din said last month at a seminar in Cairo that the government faced the challenge of creating some 700,000 job opportunities annually to cope with new entrants to the job market, in addition to finding employment for the unemployed. This means that economic growth should exceed the 4.9% realized last year the minimum required to make...