Egypt's economy set to recover in FY2024/25: PM

CAIRO, July 30 (Xinhua) -- Egyptian Prime Minister Mostafa Madbouly said on Tuesday that the country's economy is set to recover from the current crisis in fiscal year 2024/2025.

In a televised press conference, Madbouly said Egypt's current economic indicators reflected positive momentum, noting the government targets to register an economic growth rate of 4.2 percent in 2025 and reduce the inflation to below 1