23 Hrs
Source:
اليوم السابع
IMF and World Bank approve Egypt growth forecast
The Egyptian government expects the economy to grow by 5.4% in the fiscal year 2026/2027, according to the economic and social development plan document approved by Parliament. These expectations align with IMF metrics, which project growth reaching 5.4%, while the World Bank has recently updated its estimates to 4.8%. However, more conservative forecasts from Standard & Poor's suggest a slowdown to 4.3%, considering geopolitical tensions and their impact on regional and international markets. The document reflects international confidence based on balanced policies, taking into account geopolitical challenges, indicating the possibility of achieving strong and sustainable growth despite these obstacles.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)