Section 1: General Economic and Financial Outlook (Continued)
  Annual Profile      Quarterly Profile
2000/01 2001/02 2002/03 2003/04 2004/05 Jan-Mar Apr-June July-Sep Oct-Dec Jan-Mar Apr-Jun Jul- Sep 2006
2004 2004 2004 2004 2005 2005
B. Population and Employment        
Total Population (Millions) 1/ 65.3 66.6 68.0 69.3 70.0  -- 0.0 69.6 70.0 70.0 0.0 71.0
labor Force (Millions) 19.3 19.7 20.6 20.8 21.2 20.7 69.3 20.9 21.0 21.3 70.0  --
Employed (Millions) 17.6 17.9 18.4 18.5 19.2 18.5 20.8 18.6 18.8 19.1 21.2 19.4
Population Growth 2.1 #DIV/0! #DIV/0! #DIV/0! 2.0 2.0 18.5 2.0 2.0 2.0 19.2 #DIV/0!
Unemployment Rate  9.2 9.0 10.5 11.1 9.5 10.4 11.1 11.0 10.5 10.1 10.5  --
C. Domestic Prices (Period Average)        
Consumer Price Index 2.4 2.4 3.2 4.9 11.4 -- -- 16.9 17.8 7.4 4.8 4.2
Wholesale Price Index  1.4 2.1 11.7 17.4 10.1 21.5 18.0 14.3 14.9 6.4 4.1 6.2
Discount Rate 11 11 10 10 10 10.0 10 10 10 10 10 10
T-bills Rate (91 days) 9.1 7.8 8.3 8.4 10.4 7.2 10.4 11.1 10.4 9.9 9.7 9.0
3-Months Deposits 2/ 9.4 9.4 8.5 7.7 7.6 7.7 8.4 7.7 7.7 7.6 10.4  --
Overnight Interbank Rate 3/ 9.2 7.4 8.4 8.2 9.6 6.5 8.2 8.2 10.2 8.9 10.2 9.6
Exchange Rate (LE /Dollars) 3.715 4.449 5.195 6.163 6.006 6.18 6.192 6.219 6.200 5.820 5.787 5.763
Real Effective Exchange Rate (REER ) 4/ 141.4 141.3 112.8 88.5 90.1  -- 90.2 88.5 87.7 90.4 93.8  --
Sources: Ministry of Planning, Central Bank of Egypt and CAPMAS.
Data not available.
1/ Excludes Egyptians living abroad.
2/ End of period.
3/ Calendar Year averages. 2005 covers the period January  to September 2005.
4/ Based on IMF calculations, (1991=100). A decline in the index reflects depreciation.
Source: Central Bank of Egypt and CAPMAS.
1/ Starting July 2004 data is based on the weights derived from a 1999/2000 income and expenditure survey, using 1999/2000 as a base. Prior to this, the basket and the weights were derived from a 1995/96 income and expenditure survey which used 1995/96 as a base year.
2/ Total Liquidity (M2) is defined from assets side as net foreign assets + net domestic assets of banking system. From liabilities side, it includes money (M1) and quasi money.
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