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12.5% ICT sector contribution to GDP

The growth rate of the Information and Communications Technology sector in FY 2016/2017 is among the highest rates among macroeconomic sectors. The contribution of the ICT sector to GDP was high, at 12.5%, in FY 2016/2017, increasing from 8.3% in FY 2015/2016. The gross domestic product (GDP) of the ICT sector increased from EGP 57bn …

Daily News Egypt

12.5% ICT sector growth rate in FY 2016/2017

The information and communications technology (ICT) sector achieved a growth rate of 12.5% in the fiscal year (FY) 2016/2017, according to the economic performance indicators announced by the Ministry of Planning, Follow-up, and Administrative Reform. The ICT sector’s contribution to gross domestic product (GDP) reached 3.2% in FY 2016/2017, while Egypt’s outsourcing industry of ICT …

Daily News Egypt

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