The World Development indicators 2006

The latest World Bank report, the World Development Report 2006 charts that The Millennium Development Goals set specific targets for improving income poverty, education, the status of women, health, the environment, and global development cooperation. Now widely accepted as a framework for measuring development progress, the goals focus the efforts of the world community on achieving significant, measurable improvements in people’s lives, and in compatible with the Millennium Development targets, Egypt has reduced the gender inequality as women are entered in local and national decision making bodies, and it has been providing solutions for child workers, such as including them in formal education system or developing informal alternative education for them.

According to the world development indicators report, The Egyptian gross national income is 92.9 US $ billion in 2005. The Egyptian gross national income per capita is 1.25% in 2005. The Egyptian growth rate is 5% in 2005.

S & P Rating

Standard & Poor's CreditWire, 18-Nov., 2006

Standard and Poor´s today affirmed its triple `B´(minus) local currency long-term, and `A-3´ for its short-term rating  local currency on the Arab Republic of Egypt. Standard & Poor´s also affirmed its `BB+´ Foreign currency long-term, and its `B´ foreign currency short-term. The Local currency and the Foreign currency outlook is negative.

Rating affirmed for Egypt by Fitch IBCA

11-May, 2006

Fitch IBCA-London-11 May 2006. Fitch IBCA, the international rating agency, affirmed Egypt's long-term local currency ratings at 'BBB' , respectively. The long-term credit rating is affirmed at 'BB+', and the short term credit rating is 'B'. long-term credit rating, and foreign currency outlook is stable.