Egypt likely to become 7th biggest economy in 2030


(MENAFN) According to a report, Egypt is expected to snatch the 7th spot in the world's biggest Economy list by 2030, surpassing Russia and Japan.

The forecast was made in a report Ahram newspapers issued, citing a UK's Standard Chartered bank report.

Ahram reported that "Egypt will likely be an emerging market as it will come in the seventh place out of ten by 2030."

It further added that Egypt is projected for a significant growth in the volume of its economy by 2030, standing at USD8.2 trillion.

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