Foreign direct investment (FDI) in Egypt increased considerably before the removal of Hosni Mubarak, exceeding $6 billion in 2006, due to economic liberalisation and privatisation measures taken by minister of investment Mahmoud Mohieddin.[citation needed] Since the fall of Hosni Mubarak in 2011, Egypt has experienced a drastic fall in both foreign investment and tourism revenues, followed by a 60% drop in foreign exchange reserves, a 3% drop in growth, and a rapid devaluation of the Egyptian pound.
Foreign direct investment ( FDI ) in Egypt increased considerably before the removal of Hosni Mubarak , exceeding $ 6 billion in 2006 , due to economic liberalisation and privatisation measures taken by minister of investment Mahmoud Mohieddin.[citation needed ] Since the fall of Hosni Mubarak in 2011 , Egypt has experienced a drastic fall in both foreign investment and tourism revenues , followed by a 60 % drop in foreign exchange reserves , a 3 % drop in growth , and a rapid devaluation of the Egyptian pound .
Since 2011 direction has Forign direct investment gone?
Since 2011 direction has Forign direct investment gone ?
drastic fall
drastic fall