(MENAFN) National economic growth is projected to continue growing at a sustained pace in the second quarter of the year, driven by a 14.8 percent increase in agricultural added value.
Meanwhile, the increase of imports from advanced economies, particularly from the U.S. and Europe would enable world trade to increase at a faster pace than in 2016.
Accordingly, industrial added value would grow by 3.6 percent in the cited quarter of the year and annual growth would increase by 8.1 percent.
As for crude phosphate exports, there will be a moderate growth but predicts a strengthening in sales to regional processing industries, as global prices for agricultural products increase.
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