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بوابة أخبار اليوم

2026-09-29T23:13:09.761Z

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Egypt's unemployment hits record low at 5.8%

Egypt's unemployment hits record low at 5.8%

The article discusses the performance of the Egyptian economy during the 2025/2026 fiscal year, where it achieved a growth rate of 5.1%, among the highest in the Middle East. Inflation was reduced from 23.2% in January 2025 to 12.7% currently. Unemployment rates also reached a historic low of 5.8% last month, with foreign exchange reserves increasing by 32%. Public debt declined from 96% to 81.8% of GDP, with a plan to reduce it further to 78% this year. The report confirmed that Egypt has successfully exceeded international expectations, and the economic measures have resulted in strengthening the country's resources and improving its financial stability, despite current global challenges.

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