Structural feature of economy (Sectoral slice of GDP in EGYPT :source indexmundi ) During the 1970s, despite significant investing in land reclamation, agriculture lost its position as the leading economic sector. Agricultural exports, which were 87% of all intersection export by value in 1960, fell to 35% in 1974 and to 11% by 2001. In 2000, agriculture accounted for 17% of Gross Domestic Production and 34% of total employment and latest figures shows that Agri account for 14% of GDP. Under comprehensive economic reforms initiated in 1991, Egypt has relaxed many price controls, reduced subsidies, reduced inflation, virgule taxes, and partially liberalized trade and investment. Manufacturing had become less dominated by the public sector, especially in heavy industries. A abut of public sector reform and privatization has begun to enhance opportunities... If you want to get a full essay, order it on our website: Ordercustompaper.com
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