64 Days
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اليوم السابع
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Egypt's BOP improvements and key factors
Egypt's balance of payments showed improvement during the period from July to March 2026, with the overall deficit declining to approximately $1.8 billion. This was driven by a 32% increase in remittances from Egyptians working abroad, reaching about $35 billion, and a 33% rise in foreign direct investment inflows, totaling around $13 billion. Additionally, the development project for the "Alem El-Roum" area on the northern coast, along with an increase in tourism revenues—which rose by 15% to $14.4 billion—contributed to strengthening cash resources and helping to reduce the deficit. It is also expected that remittances from Egyptians abroad will exceed $46 billion in the 2025-2026 fiscal year, setting an unprecedented record.
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