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Ayad Rizk on Interest Rate Stability
The Central Bank of Egypt has decided to keep interest rates unchanged at 19% for deposits and 20% for loans, as part of its efforts to monitor inflation developments and the global economic situation. The goal is to maintain market stability and support economic growth. Experts have confirmed that this decision reflects a gradual improvement in public debt burdens and expectations of a reduction to around 77% of GDP by the end of the financial year 2026/2027, compared to 81% in 2024/2025. This move is part of the country's broader efforts to achieve financial stability and enhance the investment environment through coordinated monetary and fiscal policies, as well as by increasing production and exports.
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