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.
How much had FDI increased to in 2006?
$6 billion
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 six dollars billion in two thousand six, due to economic liberalisation and privatisation measures taken by minister of investment Mahmoud Mohieddin.[citation needed] Since the fall of Hosni Mubarak in twenty eleven, Egypt has experienced a drastic fall in both foreign investment and tourism revenues, followed by a sixty percent drop in foreign exchange reserves, a three percent drop in growth, and a rapid devaluation of the Egyptian pound.
How much had FDI increased to in two thousand six?