Egypt’s Unemployment Rate Reduced to 5.6% – PM

Prime Minister Mostafa Madbouly emphasized that Egypt has made substantial strides in reducing its unemployment rate, which now stands at 5.6 percent, a significant decline compared to the higher levels of a decade ago.

Speaking at the Doha Forum 2024, he highlighted that over the past 10 years, the government has consistently worked to create new job opportunities while navigating economic challenges.

“Since 2014, Egypt has implemented major reforms aimed at boosting the private sector, revising…