21 May 2022 01:37 PM

IDSC issued "Egypt through the Eyes of the World" report

Thursday، 27 January 2022 - 01:28 PM
The Information and Decision Support Center (IDSC)

The Information and Decision Support Center (IDSC) has issued its annual report entitled “Egypt through the Eyes of the World in 2021".


The report tackles the most important quantum leaps taken by Egypt in international indices and reports issued in the same year.


The report's issuance coincides with the proceedings of the 53rth edition of Cairo International Book Fair, which sees the participation of the IDSC with its distinguished publications.


The report sheds light on the development process the country is witnessing from an international perspective.

This asserts the ongoing efforts, which aim to improve Egyptians' quality of life.

Furthermore, the newly-issued report includes the most important economic projections in Egypt along with several repots which highlight Egypt's efforts toward attaining the sustainable development goals along with Egypt's Vision 2030.


The report also mentions the government's medium-, and long-term plans from the perspective of several international entities.


The report, meanwhile, refers to Fitch expectations for Egypt to achieve positive growth rates amounting to 5.5% in 2022/2023.


The World Bank speculated 5.8% growth in Egypt's economy in 2024/2025, according to the report.


The report shows that Egypt is among the world's best destinations for attracting foreign investments.


The report further said that the tourism sector in Egypt is rapidly recovering, pointing out to the announcement of Colliers International, which classified the year 2021 as the year of great impacts on hotels occupancy rates in Egypt and the Middle East, if compared to 2020.


Additionally, the report highlights Egypt's progress in technology field, as it attained a huge quantum leap over the past years.

Aftermost, “Egypt through the Eyes of the World” report tackles several international reports, which monitor the conditions in Egypt in the various fields.

MENA


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