21
Egypt’s gross domestic product (GDP) grew by an annualized 5.2 percent in the first quarter of calendar 2012 compared to a 4.3 percent contraction in the same three months a year earlier, Planning Minister Faiza Abu el-Naga said on Monday.
The popular uprising that ousted Hosni Mubarak from the presidency in February 2011 hammered Egypt’s economy last year, closing banks, the stock exchange and many factories, according to Reuters.
