Egypt Daily News – Prime Minister Dr. Mostafa Madbouly emphasized Egypt’s determination to protect its rights to the Nile waters during a recent press conference.
He remarked that as economies mature and grow larger, their growth rates typically decline, contrasting this with emerging economies that can achieve higher growth rates more easily when starting from a lower base.
Madbouly asserted that despite challenges such as currency fluctuations, Egypt remains one of the largest economies both globally and within the region.
He expressed confidence in the future, stating that Egypt is projected to rank among the world’s top ten economies within the next 15 to 20 years. He reiterated that achieving high growth rates in mature economies is inherently more challenging compared to those in developing nations that are still in the early stages of economic development.
