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Mostafa Madbouly: Egypt's economy nearing reform stage
Egyptian Prime Minister Mustafa Madbouly confirmed that the Egyptian economy is undergoing a new phase of economic reform, after years of implementing programs to rectify economic distortions. The economy achieved a growth rate of 5.1% during the 2025-2026 fiscal year, compared to 4.4% in the previous year, which indicates an improvement in economic performance. International institutions praised these indicators, and Madbouly stated that these figures provide realistic optimism about Egypt’s ability to achieve future successes, despite the ongoing global and regional challenges.
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