![Egypt's economy was hit by the fallout from the war in Ukraine, which forced the government to devalue the local currency. AFP](https://thenational-the-national-prod.cdn.arcpublishing.com/resizer/v2/5GUGZOG5XJKBCMFKQ2Z6HGXXCQ.jpg?smart=true&auth=51f143afafbe49ef90af14bc8ab55e85c6b7d2a238087a9a8a7268a457f3a47b&width=400&height=225)
Egypt's economy was hit by the fallout from the war in Ukraine, which forced the government to devalue the local currency. AFP
Egypt's economy was hit by the fallout from the war in Ukraine, which forced the government to devalue the local currency. AFP
Egypt's economy expands 6.6 per cent in 2021-22 but serious challenges lie ahead
Prime Minister Mostafa Madbouly says the real challenge is for continued economic growth as Ukraine war rages on