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Youssef Boutros-Ghali: deficit is big, but healthy |
The economy is expected to grow 6.2% this fiscal year, according to a recent government report, while the annualized inflation rate is just over 12%. The inflation rate has more than trebled since the end of 2005. But finance minister Youssef Boutros-Ghali says that the figures do not mean that the economy is overheating and adds that he expects the inflation rate to fall to between 8% and 9% next year.
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