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INDUSTRIAL PRODUCTION
Oil and natural gas are the two main industries of Egypt.
Presently the tourism industry has
increased very first with the international
tourist arrivals reaching 7.5 millions in the year 2004.According to the WTO
vision 2020,Egypt would be the largest tourist receiving country in the African
Continent. Other types of industries in Egypt include textiles, food
processing, chemical, cement and metals.
There was a healthy growth of industrial production in the
year 2004. poverty line was at 16.7%.
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BALANCE OF PAYMENT
For the year 2004-05, Egypt has experienced a surplus in
balance of payment to the sum of $ 4.5 billion. Both the current account and
the service account balance have experienced a surplus of $2089 billion and
$7.8 billion respectively in 2005.The net portfolio investment have touched
$4.3 billion in 2005.
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