July 3, 2018 / 10:25 AM / 4 months ago

Egypt's economy grew 5.4 pct in 12 months to June 30 -PM

CAIRO, July 3 (Reuters) - Egypt’s gross domestic product grew by 5.4 percent in the 2017-2018 fiscal year that ended on June 30, Prime Minister Mostafa Madbouly said on Tuesday.

In a televised address to parliament, he said the government was targeting GDP growth of 8 percent by the 2021-2022 financial year.

Reporting by Ahmed Tolba; Writing by Nadine Awadalla; Editing by Sami Aboudi and John Stonestreet

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