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Egypt Plans to Grow Economy to 5.4%
The article focused on the Egyptian Minister of Planning and Economic Development's statements regarding the performance of the Egyptian economy and its future prospects. The minister confirmed that the gross domestic product (GDP) grew by 5.1% during the 2025-2026 fiscal year, an increase from 4.4% in the previous year, supported by a recovery in sectors such as manufacturing, communications, and information technology. He also noted that inflation has declined to 12.7% and the unemployment rate decreased to 5.8%, with Egypt preparing to achieve a growth rate between 5.2% and 5.4% in the upcoming fiscal year by strengthening the private sector and improving the investment climate. He explained that the economy demonstrated resilience in facing external challenges as a result of the economic reform program.
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