Finance Minister Samir Radwan said on Thursday that the International Monetary Fund has confirmed that the Egyptian economy will be among the world's most promising economies in the next five years, provided it survives its current setback.
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According to recently-released official figures, Egypt's inflation rate fell to 11.8 percent in 2009 compared to 19.2 percent in 2008. Experts, however, project an increase in the rate this year due to rising prices of energy and consumer goods.
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